ALACE responds to consultation on annual revaluation date in the Local Government Pension Scheme
ALACE has responded to the very brief consultation by DLUHC on changing the annual revaluation date from 1 April to 6 April. We support this change as it will minimise the risk of excessive annual allowance tax bills for ALACE members in respect of 2022-23. We have repeated our call for DLUHC to suspend the possibility of pension abatement in respect of pre-2014 service, to match arrangements that have been proposed for NHS staff. You can read our full response here:
20230223 LGPS revaluation date amendments – Consultation Response