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Academies and Local Government Pension Scheme liabilities
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
Parliamentary minute outlining how outstanding Local Government Pension Scheme (LGPS) liabilities will be guaranteed when an academy closes.
A parliamentary minute by the Secretary of State for Education, Michael Gove, laid on 2 July 2013 in the Houses of Commons and Lords.
The department guarantees that any outstanding Local Government Pension Scheme (LGPS) liabilities on the closure of an academy will be met by the department.