Local Pensions Partnership Investments Ltd - Defined Benefit Liabilities

December 1, 2023 Pension Fund Committee (Committee) Awaiting outcome View on council website

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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

OutcomeFor Determination
Decision date1 Dec 2023