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Detail of outcome
The Local Government Pension Scheme Regulations were made on 12 September 2013 and laid before Parliament on 19 September. Further regulations on cost management, transitional savings and protection matters and scheme governance are to follow.
The department consulted widely on the provisions in the period between December 2012 and August 2013.
The government response summarises the comments received.
A copy of the main regulations, together with related Explanatory Memorandum and impact assessment can be found at www.legislation.gov.uk.
This consultation starts a third period of statutory consultation on draft regulations for the new Local Government Pension Scheme which will come into effect from 1 April 2014. In addition to an updated set of draft regulations relating to membership, contributions and benefits, the draft also includes a new part covering scheme administration.
Related discussion paper also open from 20 June 2013: Local Government Pension Scheme (England and Wales) new governance arrangements.
Previous consultation published 28 March 2013: Local Government Pension Scheme 2014 and 2008 Scheme amending Regulations
Previous consultation published 21 December 2012: Local Government Pension Scheme 2014: Draft regulations on membership, contributions and benefits