No - that's the point.
Local Government Pensions are nothing to do with pensions for Teachers, NHS, Police, Armed Forces, Civil Servants or MP's arrangements. The latter are all paid for out of future taxes - so will cost future taxpayers even if changed tomorrow (until all current staff die...
Mr Google must know something that no local government officer knows. Or even the local government chiefs.
We have not even been made an offer of a pay rise for 2024 yet. Despite the financial year having already started.
We'll be lucky to get 3%.
Anyway - scrapping it wouldn't save much...
Please take care with the term 'public sector'.
Us in Local Government (ie: part of the public sector) belong to the Local Government Pension Scheme - which is fully funded through contributions. It is far from gold-plated. Especially as it's based on a percentage of our salary - which over...