United Kingdom -New local government pensions scheme proposal ready for ballot -June 1, 2012

Trade unions and the local government association (LGA) have agreed on a proposal for a new local government pension scheme. The new scheme includes a switch from a final salary to a career average revalued earnings scheme, a higher accrual rate, a pension age synchronised with each individual worker’s state pension age and no change in employee contributions. Both unions and the LGA will start consultations among their members and aim to implement the proposals by August. The new scheme will come into force from the 1st of April 2014.

English: http://www.unison.org.uk/asppresspack/pressrelease_view.asp?id=2713

This article was published in the Collective Bargaining Newsletter. It aims to facilitate information exchange between trade unions and to support the work of ETUC's collective bargaining committee. For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. All rights reserved. The ETUI is not responsible for the content of external internet sites.

For previous issues of the Collective bargaining newsletter, please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net. © ETUI aisbl, Brussels 2012. To unsubscribe, please contact Mariya Nikolova.


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