LPFA responds to final Hutton report
LPFA have published their response to Lord Hutton's final report. It can be download below
Final Response (PDF 545kb)
It supports the recommendations in terms of;
Core CARE scheme
Higher retirement age
Shared risk with automatic regulation
Common core scheme across public sector
Retention of funded status for LGPS
Independent scrutiny
Improved governance
Whilst commenting on:
Potential increases to member contributions
Retention of final salary link for accrued rights
Access to the LGPS
Governance and the need for primary legislation
The appeal to younger and lower paid employees
