The True Cost of the LGPS
At a time when public sector pensions are under the spotlight, we reveal the true cost to taxpayers of ‘employer contributions’ to the Local Government Pension Scheme (LGPS).
The equivalent of £1 in every £5 of council tax raised in the UK is spent on council pensions. This report also details the explosion in the number of councillors claiming council pensions.
Despite fulfilling a supposedly volunteer role, there are now 4,548 councillors on the LGPS, up by over 1,000 since 2007-08.
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