Council Works Pensions
Council Works Pensions
Forever Protect Council Pensions from thieving governments
Forever Protect Council Pensions from thieving governments
LOCAL GOVERNMENT PENSION SCHEME
LOCAL GOVERNMENT PENSION SCHEME
- Repeal (get rid of) of law in process from June 2025, of the UK's Pension Schemes Bill introducing the concept of "megafunds" that will give national government the right to take money out of any council works pension (Local Government Pension Scheme) without needing consent of the council / admin of the pension.
- Background on my Labour against pensioners page.
- Give members of councils works pension (the biggest works pension in UK) called Local Government Pension Scheme (LGPS), full membership-owned, trustee status, so government cannot downgrade and attack the council works pension in the future.
- Full trustee status helps control the investments and reduce fees and charges.
- Bring back Final Salary Pensions, starting from 1970s to 1980s born, with pension age 60 back, early access to works / private pension age 50 back and works pension age 50 for manual workers.