The team involved in negotiating over the 'new' Local Government Pension Scheme (LGPS) from 2014 has been considering whether to propose a 'low cost option' as part of the new scheme.
This would enable members to opt for 50% contributions - and 50% benefits - for future service.
The option would probably apply for up to a maximum of three years, during periods of financial hardship or reduced pay and might also help those members not in the scheme to join for a short period before entering the full scheme.
At the end of that period, members could either opt out or transfer to the main LGPS. We also want to encourage as many non-LGPS members as possible to join.
Oxford's best performing trade union, supporting worker at oxford city council, fusion leisure, and working in partnership with NHS and University branches across oxford for the benefit of all members and a greater UNISON for all.
Friday 6 April 2012
Subscribe to:
Posts (Atom)
2024 Annual General Meeting
2024 Annual General Meeting Thursday 28 March 2024 15:00 till 16:00 St Aldates Tavern, St Aldates or online via Teams One of the most ...
-
The team involved in negotiating over the 'new' Local Government Pension Scheme (LGPS) from 2014 has been considering whether to pro...
-
There for You has a limited fund to offer one-off £200 grants to UNISON members on a low income. Applications will open twice on Wednesday ...