The London Pensions Fund Authority has created a website as part of their “An affordable Local Government Pension Scheme” campaign to promote constructive and informed debate on the future of the Local Government Pension Scheme.
http://www.affordable-lgps.org.uk/index.htm contains information about the LGPS, texts of speeches made by LPFA staff and board members, press releases and events designed to promote the debate.
We are monitoring developments in England closely. This will help to inform our participation in the “Pathfinder” project that is looking into the possible merging of the various funds involved in the Scottish LGPS.
Another new initiative that is fuelling debate on public sector pensions is the establishment of the Public Sector Pensions Commission http://www.public-sector-pensions-commission.org.uk/ .
All in all public sector pensions and pay are much in the news as the general election approaches. There are no concrete proposals for change at this time though.