Pensions Update November 2007
More areas of agreement than difference
on new-look pensions scheme
Consultation has ended on the new look pensions scheme, as
the three-way pension talks result in more areas of agreement than
dispute between the trade unions, COSLA and the Scottish Government.
Full details of the proposed new pension scheme for those of you
who understand such things, can be found on the UNISON Scotland
website. For further details click
here.
To see the full consultation document, click
here.
It is expected to move to a ballot of all UNISON members who are
in the Local Government Pension Scheme in the new year.
There is broad agreement that the future Local Government scheme
should be a final salary one with an accrual rate of 1/60th, although
this will depend on final costing.
There is also agreement on improved death in service provisions
and partner pensions.
There are three main areas that require more work.
- Cost Sharing and Governance: COSLA wants a 2:1 contribution
rate. UNISON is trying to get full member representation on each
fund.
- Contribution Rates: There is general agreement on a banding
system but more work needs done.
- Ill health: There has also been positive movement in providing
ill-health retiral for those who may not be permanently incapacitated
but who are unlikely to work gainfully for several years but there
is still work to be done here to avoid dismissals on the grounds
of capability.
If you have views on the scheme so far, email
the Branch Resource Centre.
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