Welcome to GMB's Survey of LGPS members' views on the Government's proposed methods of reforming your pension scheme.

Two alternatives for reform have been outlined by the Department for Communities and Local Government in its consultation. Both alternatives involve increasing contribution rates and reducing the pension that is being built up. These changes are expected to pave the way for the wholescale reform that Government hopes to implement in 2015.

The Options are:

OPTION 1
a. Increase employees’ contributions from April 2012 from average 6.5% to 8%; and
b. Cut the scheme accrual rate from 1/60th per year of service to 1/64th in April 2013 and cut it again to 1/65th in April 2014

OPTION 2
a. Increase employees’ contributions from April 2012 from average 6.5% to 7.5%; and
b. Cut the scheme accrual rate from 1/60th per year of service to 1/67th in April 2014


More information on this consultation and these alternatives can be seen in GMB's Bulletin available at www.gmb.org.uk/pspc . In addition you can model the impact of these Options at www.gmb.org.uk/docs/11188%20LGPS%20Consultation.xls .

Government does not intention to consult LGPS members over the proposed changes to pensions. GMB believes this is wrong. GMB Members are asked to feedback their likely course of action if presented with these two alternatives for reform. You can do this by simply clicking one of the buttons below.

Question Title

* 1. Based on the options for reform that have been outlined, what would your preferred option be?

Question Title

* 2. If either of the Government's options was imposed, would you opt out of the pension scheme?

Question Title

* 3. Thank you for taking the time to complete this short survey. Your views are invaluable to us in working to get the best deal possible from Government for your pension.

If you have any further comments you would wish to leave, please leave these in the box below.

T