Mark Whitehead 18 May 2016

Employers joining LGPS 'underestimate' obligations

Employers joining LGPS underestimate obligations image

The number of organisations signed up to the Local Government Pension Scheme (LGPS) has rocketed, but experts have warned that many underestimate the obligations involved.

The Pensions and Lifetime Savings Association (PLSA) says many members of the scheme including universities, charities and housing associations are now questioning whether they can afford to remain in it.

It says more than 10,000 employers are now members, an increase of 14% in 2013-14, while there could be thousands more schools joining if they become academies.

The PLSA is publishing a series of guides for employers in the local government scheme, the first of which will explain what they need to know before joining.

PLSA chief executive Joanne Segars said: 'The Local Government Pension Scheme provides some fantastic benefits for its members.

'But for employers there are significant legal, financial and administrative obligations which can cause a real headache.'

Overcoming the barriers to Commercial Card use image

Overcoming the barriers to Commercial Card use

Want to reap the benefits of Commercial Cards but coming up against some challenges? James Sykes, Head of Commercial Cards, Lloyds Bank and David Legg, Head of Corporate Card Products, Lloyds Bank, discuss how the payments industry is helping organisations unlock their true value.
SIGN UP
For your free daily news bulletin
Highways jobs

Career Grade Planning Officer

Royal Borough of Greenwich
£27978 - £37722 per annum + n/a
Career Grade Planning Officer - West Area and East Area Team The Royal Borough of Greenwich continues to faces an unprecedented growth agenda in terms England, London
Recuriter: Royal Borough of Greenwich

Highway Engineer - Reactive Maintenance

Bracknell Forest Borough Council
£35,354 - £40,506 incl. LWA, plus £963 car allowance
We make a difference to the environment we live in. Come and help us manage our highway infrastructure. Bracknell, Berkshire
Recuriter: Bracknell Forest Borough Council

Lifeguard (South Woodham Ferrers Leisure Centre)

Chelmsford City Council
Grade 3 - Starting at £18, 291 per annum, and rising to £19,515
South Woodham Ferrers is one Chelmsford City Council’s four leisure facilities, offering a variety of sporting activities where there is something ... Chelmsford, Essex
Recuriter: Chelmsford City Council

Car Park Attendant

Chelmsford City Council
Grade 3 - Starting at £18,291 per annum, rising to £19,515
We are seeking an enthusiastic and motivated individual to join our Car Park team to support with the day-to-day running of our 19 City Centre car ... Chelmsford, Essex
Recuriter: Chelmsford City Council

Lifeguard (Riverside Leisure Centre)

Chelmsford City Council
Grade 3 - Starting at £18, 291 per annum, rising to £19,515
Riverside Leisure Centre is Chelmsford City Council’s flagship leisure facility, offering a variety of sporting activities where there is something... Chelmsford, Essex
Recuriter: Chelmsford City Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue