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Local Government Pension Scheme

Asked by Kevin HollinrakeConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 21 January 2025UIN 23344

The question

To ask the Secretary of State for Housing, Communities and Local Government, pursuant to the Answer of 12 December 2024 to Question 17835 on Local Government Pension Scheme, and with reference to the consultation paper entitled Local Government Pension Scheme (England and Wales): Fit for the future, published on 14 November 2024, on what (a) geographical areas or (b) local government tiers will the new asset pools be based.

Answered by Jim McMahon

The Government has asked the existing Local Government Pension Scheme asset pools to submit proposals as to how they will meet the minimum requirements set out in the consultation. The Government is not proposing to require changes to the areas covered by the pools in order to align with regions, strategic authorities or other geographic or local government areas.

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