Local Government Pension Scheme

UNISON members eligible for the LGPS in England and Wales were balloted over proposed changes to the scheme and 90.2% voted in favour of accepting these changes.

The union led the negotiations which resulted in proposals to maintain the current contribution levels for 90% of LGPS members, introduce a 50/50 ‘low-cost’ scheme for the low paid, and move from a final salary to a career average scheme.

Welcoming the ballot result, UNISON head of local government Heather Wakefield said: “These were tough negotiations, but with a focus on the majority of members who earn less than £21,000 a year, we have ensured that current LGPS members can afford to remain in the scheme and those who could not afford to do so to date can now join via the 50/50 option. This is vital for many of our members who have suffered a decline in earnings as a result of the Coalition’s pay freeze policies. Contributions are now on a fairer progressive basis. We will continue to campaign with all of the union, through the TUC, against the proposals to increase the state retirement age.”

UNISON will now move into the next stage of discussions on improving the governance of the new scheme which is due to come into effect in 2014.

Click here for more information on the LGPS.