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ASSOCIATIONS CONSIDER PENSIONS BODY EXPANSION

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Proposals to clarify and expand the role of the United Kingdom Steering Committee on Local Government Superannuatio...
Proposals to clarify and expand the role of the United Kingdom Steering Committee on Local Government Superannuation are currently under consideration by the local authority associations.

A paper from Charles Nolda, director of employment affairs at the Local Government Management Board, suggests the associations should agree a formal constitution for the pensions advisory body setting out its objects, terms of reference and procedural arrangements.

The paper says a review is appropriate in the light of the imminent retirement of UKSC Secretary Brian Russell and his assistant Dennis Lanaway and external factors like the DoE's scrutiny study of the Local Government Superannuation Scheme.

The report says the relationship between the UKSC and the associations is not as clear as with other bodies such as the employers' sides for national bargaining.

'The basic assumptions underlying this paper are therefore that local government needs a central pensions body and this is an appropriate time to take stock of what the UKSC's role should be and how it should be accountable to the associations'.

'If the associations were to agree a constitution, it would enable the UKSC to take on a more proactive role', says the paper.

The report proposes the UKSC should continue to be funded by subscriptions. But it warns that subscriptions may have to be raised to fund the proposed expanded role and increased workload.

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