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 seeks responses from interested parties on draft regulations for the new Local Government Pension Scheme to come into force in April 2014. This consultation only covers the core elements of the new scheme, in particular, the provisions relating to membership, contributions and benefits.
A second consultation exercise covering the remainder of the new scheme will follow shortly.