Pension puzzle

31st March 2006 at 01:00
Your article on changes to the local government pension scheme, and the effects on support staff, missed some key points ("Support staff back pensions strike", TES, March 17).

The LGPS is a funded scheme, which makes it unique in the public sector.

Real pension schemes need to pay for a near 30 per cent increase in life expectancy at 65 since the 1970s.

Unlike final-salary schemes in the private sector, closing the LGPS to new members has not been considered as a serious option. Its current pension structure is only sustainable if changes are made soon.

Mike Walker Director, Employers Organisation, Layden House 76-86 Turnmill Street London

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