Local Government Consultations
This section outlines any proposed changes to the Local Government Pension Scheme in relation to Scotland.
Local Government Pension Scheme (Scotland) (Amendment No. 2) Regulations 2015
Local Government Pension Scheme (Governance) (Scotland) Regulations 2014
Consultation period: 30 September to 11 November 2014.
These Regulations made under section 1 of the Public Service Pensions Act 2013 include provisions in relation to pension boards and a Scheme Advisory Board that are required to be included in regulations made under that section in terms of sections 5 and 7 of that Act. They also include further provisions provided by the Scottish Local Government Pensions Advisory Group for the new Local Government Pension Scheme which were agreed in a series of bilateral meetings between COSLA and the Trade Unions representing local government employees in Scotland.
The Regulations do not cover provisions in relation to employer cost cap as provided for in section 12 of the Public Service Pensions Act 2013. A cost cap will be set on the completion of the necessary actuarial work expected to conclude towards the end of 2015. An amendment to the Scheme will be made at that time to include the cost cap.
Local Government Pension Scheme (Transitional Provisions and Savings) (Scotland) Regulations 2014
Consultation period: 26th June 2014 to 7th August 2014
Your technical comments on the draft Local Government Pension Scheme (Transitional Provisions and Savings) (Scotland) Regulations 2014 are now invited.
The bulk of the proposed amendments in the draft Regulations are to preserve transitional protection for certain groups and ensure that active members within 10 years of normal pension age under the 2009 Scheme on 1st April 2012 remain entitled to draw benefits on retirement which are no less than they would have been able to draw if the 2009 Scheme had continued to
Local Government Pension Scheme (Scotland) Regulations 2014
Consultation period: 6th January 2014 to 14th February 2014
Your technical comments on the draft Local Government Pension Scheme (Scotland) Regulations 2014 are now invited. These are to be introduced from 1st April 2015.
The Scottish Local Government Pensions Advisory Group (SLOGPAG), comprising representatives from COSLA, the trades unions and the Scottish Government, has over the last eighteen months, been working, to develop proposals for a new Scottish Local Government Pension Scheme with effect from April 2015. This method of developing the new Scheme to meet Scottish needs represents the Scottish Government's preferred collaborative approach and the advantages of this open and transparent process are recognised by each of us.
Some of the proposed amendments to the existing Regulations are to ensure that the reformed LGPS in Scotland complies with the UK Public Services Pensions Act 2013. The purpose of the changes is to ensure the delivery of a scheme, which continues to provide valued benefits for scheme members which are affordable, sustainable and fair to employers, scheme members and tax payers.
Local Government Pension Scheme (Scotland) New Governance Arrangements
This consultation has now concluded
The Public Service Pensions Act 2013 includes several key provisions relating to the administration and governance of the new public service pension schemes established under Section 1 of the Act. In the case of the Local Government Pension Scheme in Scotland, these arrangements will apply to the new Scheme which comes into effect on 1st April 2015.
This consultation paper explores four specific sections of the Act which impact on the governance arrangements in the new Scheme:
- Scheme manager
- Pension board Pension board information, and
- Scheme advisory board
Each section includes background and a more detailed summary of what we are required to include in the new Scheme to comply with the Act. Where appropriate, the paper also invites comment on consequential issues. Responses to the questions posed throughout the paper will enable us to start work on preparing draft regulations on governance for consultation early in 2014.