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Martin Ford Friday, January 26, 2024

Councils urged to review ‘excessive’ pensions contributions

Councils urged to review ‘excessive’ pensions contributions image
Image: Andrii Yalanskyi / Shutterstock.com.

Councils should review ‘excessive’ pensions contributions to help ease the sector’s financial pressures, new analysis has found.

Aggregate funding levels for the 87 funds in the Local Government Pension Scheme (LGPS) in England and Wales stood at 101% at the end of 2023, according to the latest research by pensions advisor Isio.

Visit The MJ (£) to continue reading.

If this article was of interest, then check out, 'Getting the most out of LGPS funds'.

#Pensions #Finance

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