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The Local Government Pension Scheme (LGPS) is one of the largest public sector pension schemes in the United Kingdom, with 6.4 million members from 15,000 employers. [1] It is a defined benefit pension plan. Administration is carried out through 89 [2] regional pension funds such as Greater Manchester Pension Fund and London Pensions Fund ...
Many U.S. cities are allowed to participate in the pension plans of their states; some of the largest have their own pension plans. The total number of local government employees in the United States as of 2020 is 14.3 million. There are 11.1 million full-time and 3.1 million part-time local-government civilian employees as of 2020. [16]
The London Pensions Fund Authority ( LPFA) is a leading local government pension fund. It was formed in 1989 to fill the gap left by the 1986 dissolution of the Greater London Council (GLC) in administering that body's Pension Fund. It has taken on residual responsibilities for the employees of several other defunct organisations, including the ...
The pension fund is part of the Local Government Pension Scheme and works in partnership with the seven West Midlands Metropolitan District Councils: Birmingham, Coventry, Dudley, Sandwell ...
LPP was established to enable public sector schemes to pool resources and improve management of their assets for the benefit of their members and employers. It is open to all members of the Local Government Pension Scheme and public sector funds in the UK. It had £26.3 billion of assets under management in June 2024 [ 4] and according to its ...
English: These Regulations amend the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014 (“the Transitional Regulations”) to cover the extension of civil partnership to opposite-sex couples. Regulation 2 amends the Transitional Regulations to provide for the benefits payable to survivors of ...
English: These Regulations amend the Local Government Pension Scheme Regulations 2013 (“the 2013 Regulations”) and the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014 (“the Transitional Regulations”). Both sets of regulations came substantively into effect on 1st April 2014 and the ...
English: These Regulations, which apply in relation to England and Wales, amend the Local Government Pension Scheme (Benefits, Membership and Contributions) Regulations 2007 (“the Benefits Regulations”) (S.I. 2007-1166), and the Local Government Pension Scheme (Administration) Regulations 2008 (“the Administration Regulations”) (S.I. 2008-239).