Agenda for the virtual employers meeting 2020 released!

Publication date: 01/10/2020 13:33:10

Our annual employers meeting is being held on 21 October 2020 from 10am to 11.30am.

We’re pleased to be able to keep you up to date on the latest news affecting the Local Government Pension Scheme. Like most events held in 2020, this meeting will be held ‘virtually’ on Microsoft Teams. We hope you can join us.

The employers’ meeting is taking place at an important time as the government have recently issued a consultation on amendments to the statutory underpin as a result of the McCloud court case. Any remedy will have an huge impact on the administration work of the LGPS, which will affect you and your scheme members. We've been keeping you up to date on the outcome of this court case, read the background on our previous news posts.

The impact of this case on the Fund and scheme employers is not to be underestimated. The employers’ meeting this year will cover what we're planning to do to make sure we've all the data we need to implement any remedy put in place. It's important your organisation is represented at this meeting by an individual with LGPS responsibility.

The meeting will cover :

  • Impact of Covid-19 – an update from the administration team 
  • LGPS latest news 
  • 2019/20 Year End – an overview
  • McCloud court case – the proposed remedy and the impact of this on the Fund and employers

You may also have heard about another consultation called 'Reforming local government exit pay' which amongst other things proposes to cap exit payments to 95k. This will be covered in more detail at a separate meeting (to be arranged) as currently not all of the legislation is available to understand how this will affect your employees and the LGPS.

If you haven’t already booked your place at the employers' meeting, please do so by emailing pensions@shropshire.gov.uk. Make sure you tell us your name, job title and organisation. If more than one person from your organisation wishes to attend, please give us each individual email address (we will need this to send the meeting invitations). 

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