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Local Government: Pensions

Volume 498: debated on Monday 26 October 2009

To ask the Secretary of State for Communities and Local Government what consideration he has given to addressing a deficit in the Local Government Pension Scheme through (a) raising the retirement age and (b) increasing employee contributions. (294566)

The Local Government Pension Scheme is regularly reviewed to ensure it remains affordable, viable and fair to taxpayers. A new-look scheme became fully operational on 1 April 2008.

Its arrangements are being monitored and the next actuarial valuation exercise, as at 31 March 2010, will further assist in the scheme's stewardship.