Changes to local government pension scheme
Changes to the Local Government Pension Scheme (LGPS) were laid in the Scottish Parliament on 6 June 2008. The new regulations come into force on 1 April 2009.
Consultation on the new proposals took place between 30 July 2007 and 31 October 2007. These proposals were jointly developed over a number of months by a tripartite group representing the Scottish Government (former Scottish Executive), COSLA (Employers Representatives) and relevant
Following this consultation a Heads of Agreement document was agreed between all parties and a further consultation on the regulations for the new LGPS for Scotland took place between 14 February 2008 and 17 March 2008.
Full details of the Consultations and the Heads of Agreement documents and the new Regulations are available on the Scottish Public Pensions Agency’s website www.sppa.gov.uk under Pension
Reforms and Taxation.
All employees in service on 1 April 2009 will transfer to the new scheme.