Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

LETTERS TO THE EDITOR - WHEN I'M 65

  • Comment
It is disappointing to find Unison information about the changes to take place to the local government pensions sch...
It is disappointing to find Unison information about the changes to take place to the local government pensions scheme in England and Wales in April continues to mislead (LGC, 28 January).

Despite the claims from Unison, the retirement age in the scheme is not being increased to 65. Since the scheme was set up in 1922, it has had a normal retirement age of 65.

However, the changes see the phasing out of the 85-year rule, which allowed long-serving members of the scheme to take unreduced benefits on or after age 60 and before age 65. The main reason for this is because of the longevity of scheme members.

It is important to note that not all staff will be affected by the April changes. The rights that members aged 52 or over accrue in the scheme up to 31 March 2013 are not affected in any way by the changes, nor are the rights that all other members have accrued up to 31 March 2005.

In addition to this, changes taking place in April will not see an increase in the contribution rate for staff from 6% to 7%. Neither will the calculation of benefits under the scheme be based on a member of staff's basic pay rather than the definition of pay which includes other payments such as bonuses.

I wish to make it clear such changes are not being introduced. They are merely propositions contained in a green paper issued by the Office of the Deputy Prime Minister, which has asked all interested parties, including Unison, for their views on what a new-look pension scheme should look like from 2008.

Terry Edwards

Assistant director, pensions, Employers' Organisation

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.