Downturn Presents 'pensions Opportunity'

摘要

The economic downturn presents the opportunity for a whole new approach to the Local Government Pension Scheme. Councils could adopt a more flexible approach towards pay and pension packages, and secure efficiency improvements by tailoring rewards more closely to local markets and organisational requirements. Gary Simmons, local government partner at Pricewater-houseCoopers, said staff should be offered the opportunity of a greater choice and individually tailored LGPS benefits.