Local government employers have reduced their average contribution to the Local Government Pension Scheme (LGPS) amid strong investment returns, new analysis has shown.
An assessment of more than 70 LGPS funds by independent consultancy Hymans Robertson found that, at the end of March 2022, average employer contributions into the LGPS were 20.8% of pay - compared with 21.9% in 2019.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login
