NEWS ARCHIVE 2012
| APRIL |
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 Honey Pot 9 - Spring 2012
The latest issue of our newsletter for Pensioners of the Fund, 'The Honey Pot' has been published. This issue includes full details of this year's Pension Increase payable from April 9th. If you are a pensioner, why not enter our competition, where a £25 high street voucher of your choice can be won.
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 NEW Brief Guide to the LGPS
The Fund has published a new version of it's Brief Guide. This guide is for employees who are contributing members of the LGPS. It explains the benefits available to you when you retire from the Scheme, together with how the Scheme works, what it costs to join and the financial protection that it offers to you and your family.
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| MARCH |
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The Government has confirmed that local government pensions will rise by 5.2% from April. This increase is in line with last September’s inflation figure, as measured by the Consumer Prices Index (CPI). 5.2% marked the highest measure of CPI inflation since 2008.
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| FEBRUARY |
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The Fund has published a fact sheet exploring the tax implications from 6 April 2012 for members whose pension benefits are valued at £1.5m, by the reduction in the Lifetime Allowance.
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 Contribution Bands 2012/2013From 1 April 2012, the contribution earnings bands on which members’ contributions are based will change. The Fund has published a revised version of Fact Sheet 3 detailing what contribution rates members will pay from April, together with what rates will be paid if members’ pay changes during 2012/2013.
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| JANUARY |
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The Fund has updated its Communications Policy. We are committed to providing comprehensive information to all members through the most appropriate communication medium. The 2012 policy document outlines the methods that we use to meet this objective.
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The address of our website dedicated to the reform of the LGPS has changed from lgps2015.org to lgps2014.org.
This reflects the agreement reached in late December between local government employers, trade unions and the government, to work towards implementation of a new Scheme from April 2014, rather than April 2015.
You can keep up to date with all the latest developments in the upcoming reform of the Scheme and sign up for news alerts to be sent straight to your Inbox at http://lgps2014.org
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 Negotiations to agree a new LGPS from 2014Government and Unions will shortly begin a series of negotiations to determine the shape of a new Local Government Pension Scheme from 2014. To read full details, please go to our dedicated LGPS reform website at http://lgps2014.org
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