Published July 19, 2016 at 11:53
We are contacting you to request your help with a Parliamentary petition we set up about the Local Government Pension Scheme.
Over 86,000 people like you have already signed it. Please join them today, it takes just 30 seconds to do so. If we don’t get 100,000 signatures by September we will have missed the opportunity for a debate in the House of Commons.
What’s the problem? The government has announced plans to force individual Local Government Pension Scheme (LGPS) funds to invest in UK infrastructure projects. This is instead of direct government funding of important projects – even if it doesn’t give the best return for LGPS members’ pensions.
UNISON is not against LGPS funds investing in infrastructure, but we believe that investment decisions should be made by the fund managers and their members, not government ministers. But such a significant change to your pension funds should be debated in Parliament.
Some five million people like you rely on the Local Government Pension Scheme to pay their pension. This is why UNISON has launched the petition calling for a parliamentary debate on the matter and is asking you, as a scheme member, to sign it today.
Jon Richards, National Secretary