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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 ...
The Public Service Pensions Act 2013 (c. 25) abolished this arrangement, and subsequent Lord Chancellors have participated in the Ministerial Pension Scheme. [32] Local authorities contribute to pensions in the Local Government Pension Scheme using powers in the Superannuation Act 1972.
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 website and serves 660,000 members from more than 2,000 different employers.
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 Pensions and Lifetime Savings Association represents 1,300 pension funds which together provide pensions for 22 million people and have more than £1000 billion of assets. [2] Members' pension schemes include defined benefit, defined contribution, group personal pensions and statutory schemes such as those in local government.
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 ...
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The Local Government Pension Scheme (Amendment) Regulations (SI 2002/206) The A40 London to Fishguard Trunk Road (M40 Junction 8 to A44 Wolvercote Roundabout) (Detrunking) Order (SI 2002/207) The Social Security (Attendance Allowance and Disability Living Allowance) (Amendment) Regulations (SI 2002/208)