Monday, September 10, 2012

At last! The EIA on the LGPS

In comedy, timing is everything.



I was therefore amused to receive, during the Trades Union Congress, a copy of the, long-awaited Equality Impact Assessment on the proposals for the future of the Local Government Pension Scheme (LGPS 2014) (http://www.unison.org.uk/acrobat/LGPS2014EIAReport.pdf).



I'll read this properly later this week, but note that an assessment of the impact of the change from uprating pensions in line with the Consumer Price Index (CPI) rather than the Retail Price Index (RPI) was not within the scope of this Assessment (!)



Nevertheless, the authors observe that "Given the inextricable link between ageing and disability it is likely that a significant and growing number of members in receipt of their pensions are in fact disabled. Although all retirees will be adversely affected by changing indexation to the CPI, which will yield lower annual increases than the RPI, the impact of this on disabled people may well be disproportionate."



More on this later, as I'm trying to pay attention at the TUC!

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