Pensions issue re-appears on the post election landscape

posted on 09 June 2005, updated on 09 June 2005

The government has pledged to help councils manage extra costs incurred by a decision to reverse reforms to the local government pension scheme, according to a report in Public Finance this week. The postponement of reforms to the LGPS in the run up to the election is estimated to cost authorities £200m a year, money which the LGA has requested should be reimbursed by government.

Meanwhile trades unions have threatened strike action if the decision to raise the retirement age for public sector workers from 60 to 65 is implemented. The Guardian reports on what will “effectively end a general election truce agreed between the unions and the government”.

For both stories in full, click on the links below.

Related links:

• Guardian news item: Public unions vow to fight to save retirement at 60
• Public Finance article: Councils 'won't lose out' if pension reforms reversed