Local Pensions Partnership Investments Ltd - Defined Benefit Liabilities
December 1, 2023 Pension Fund Committee (Committee) Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to move existing Local Pensions Partnership Investments Ltd employees' LGPS memberships to the London Pension Fund Authority and to offer new employees a Defined Contribution pension scheme instead of the LGPS, starting April 1, 2024.
Full council record
Purpose
A decision will need to be made by the Pension
Fund Committee concerning proposal to amend pension arrangements
for any new staff employed by LPPI from 1st April 2024.
Details
| Outcome | For Determination |
| Decision date | 1 Dec 2023 |