Pension Scheme reforms to boost benefits and tackle inequality
Changes will mean more money in the pockets of hard-working people when they reach retirement, delivering on government바카라 사이트檚 Plan for Change
Street cleaners, school cooks and other dedicated public servants are set to benefit from a package of reforms to the Local 바카라 사이트 Pension Scheme (LGPS) that will end discrimination and lead to more money in people바카라 사이트檚 pockets.聽聽聽聽聽
Today바카라 사이트檚 measures build on the government바카라 사이트檚 wider Make Work Pay agenda that will back millions of workers by banning exploitative zero-hours contracts and ending 바카라 사이트楩ire and Rehire바카라 사이트� and 바카라 사이트楩ire and Replace바카라 사이트� practices.
Under measures announced today, the Local 바카라 사이트 Pension Scheme for England and Wales will become the first public service pension scheme - of which three quarters are women - to make all maternity, shared parental and adoption leave automatically pensionable.聽
And issues with current regulations that saw survivors of members receiving smaller pensions on the basis of their relationship type will be fixed 바카라 사이트� ending historic inequalities.聽聽
These steps will directly benefit people working on the front line, serving school lunches, cleaning buildings, managing libraries and cleaning streets.聽
Loopholes that allow those guilty of serious offences to continue benefitting from the pension scheme will also be closed, as part of a crackdown to ensure public servants바카라 사이트� money does not go to those who do not deserve it.聽聽聽
Deputy Prime Minister, Angela Rayner said:聽
바카라 사이트淭hese historic changes will give hard working street cleaners, librarians, school cooks and other public servants the security that they deserve.聽聽
바카라 사이트淭his is a critical step in ending years of discrimination, backing our dedicated public servants and helping to Make Work Pay.바카라 사이트�
Minister of State for Local 바카라 사이트 and English Devolution, Jim McMahon OBE MP, said:聽
바카라 사이트淗aving worked in local government for years, I know first-hand how much those who help keep the lights on across the country rely on the Local 바카라 사이트 Pension Scheme.聽
바카라 사이트淭hrough these reforms, we will make sure they are properly rewarded and able to enjoy their hard-earned retirement.바카라 사이트�
Minister for Pensions Torsten Bell MP said: 聽
바카라 사이트淭oday바카라 사이트檚 changes will ensure more public servants get the benefits and security they deserve. 聽
바카라 사이트淥ur reforms to the Local 바카라 사이트 Pension Scheme are bringing fairness and equality to workers, while boosting the potential of schemes to drive opportunity and growth in local communities.바카라 사이트�
Latest estimates show 74 per cent of the scheme바카라 사이트檚 seven million members are women, and one of the most significant gaps in a woman바카라 사이트檚 pensionable service is often maternity leave.바카라 사이트�
Making the final 13 weeks바카라 사이트� leave automatically pensionable will be a significant improvement and help close the gender pensions gap women face.바카라 사이트�바카라 사이트犅�
Another issue the reforms aim to address is a disparity in survivor benefits 바카라 사이트� which are paid to the scheme바카라 사이트檚 members바카라 사이트� partners upon their death.바카라 사이트犅�
Due to issues with the existing regulations, there have been instances where those in same-sex marriages and civil partnerships receive a more generous pension entitlement than those in opposite-sex marriages and partnerships. But under proposed reforms, all discrimination on the basis of the sex of those affected will be removed.바카라 사이트�바카라 사이트犅�
In addition, an age cap currently in place that requires an LGPS member to have died before the age of 75 for their survivor to receive a lump sum payment will also be abolished.바카라 사이트�바카라 사이트犅�
The government is also taking steps to keep people in the scheme by enhancing data collection on why people opt out, in a bid to ensure as many people as possible benefit.바카라 사이트�바카라 사이트犅�
A consultation on the proposed reforms to LGPS members바카라 사이트� benefits is now open for 12 weeks, and those affected are encouraged to register their views
Other measures the government is taking to make work pay include:聽聽
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Banning exploitative zero-hours contracts聽聽
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Ending 바카라 사이트楩ire and Rehire바카라 사이트� and 바카라 사이트楩ire and Replace바카라 사이트� practices聽聽
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Strengthening statutory sick pay