Decision details

Local Government Pension Scheme - Response to Initial Consultation on Four Options

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To endorse the proposed response to an initial consultation exercise being undertaken by the Department for Communities and Local Government (DCLG) in respect of four options for the Local Government Pension Scheme (LGPS). 

Decision:

THAT the response to this initial consultation exercise be endorsed.

Reasons for the decision:

To provide a prompt and comprehensive response to this initial consultation exercise in order to influence the subsequent proposals and ensure that we retain a LGPS that is affordable to Herefordshire, as well as remaining valued by current and prospective employees.

Alternative options considered:

The alternative option is not to respond and to wait for the statutory consultation period.  This is not a recommended option as it is important that the views of all employers are made known to the DCLG and inform the content of the subsequent consultation and new-look scheme.

Publication date: 02/10/2006

Date of decision: 28/09/2006