What is the event all about?
Scottish LGPS funds have recently issued their 31 March 2023 valuation results, and new contributions will commence from 1 April 2024.
From an ongoing perspective, employer contributions are typically reducing, which is welcome news. But that doesn’t tell the full story.
Many employers now have a funding surplus on a cessation basis, meaning if they move their remaining LGPS actives to alternative pension arrangements, they can access significant exit credit payments back from the funds. These payments are often substantial relative to the annual income of participating employers.
Join our experts to hear how funding positions have improved and understand the full range of options available to you.
Discuss our experiences implementing solutions for our clients
Debt Negotiation
How to negotiate exit debts, credits, and understanding the impact of your guarantees.
Easing the Transition
How to soften the blow for affected staff from ceasing LGPS accrual.
Understanding Solutions
How to leverage partial cessations to address legacy liabilities with minimal impact on active members.
