The Local Government Pension Scheme (LGPS) has been waiting since 2013 for New Fair Deal to be enshrined into its regulations.
Following an earlier consultation in 2016 and subsequent rejection of the proposals within it, the new consultation proposes a different way in which to take this issue forward.
It also consults on the automatic transfer of assets and liabilities when an employer is taken over or merges with another. In this briefing note we take a look at the proposals.
"Back in the LGPS, the system for dealing with Fair Deal will work around Fair Deal employers, protected transferees and deemed employers, although the ability to use admission agreements will remain"
To continue reading, please download the briefing note below.