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Academies and the LGPS: discussion forum

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  • Date Mon 23rd Sep
  • Time 11:00am-12:30pm
  • Cost Free

We are holding free forum, in conjunction with KPMG, where Northumberland schools and academies can discuss in more detail the treatment of academies in the Local Government Pension Scheme (LGPS).

Outstanding LGPS liabilities to be met by DfE

As many of you are aware a recent government announcement stated that any outstanding LGPS liabilities on an academy closure will be guaranteed by the Department for Education.

This has raised a number of queries for academies, schools and the Northumberland Pension Fund on how it will impact on existing academies and schools that are seeking to convert.

Helping Northumberland schools

This forum will allow you to discuss your views and concerns with other schools, our pensions expert Sarah Forster and KPMG.

We will help explain the guarantee and what this means for Northumberland schools and academies. We will discuss recent developments, the issue of actuarial pooling and the current actuarial valuation.

By facilitating an open forum we hope to help answer your questions, resolve your concerns and provide an opportunity to meet with your colleagues who are facing similar issues as employers in the LGPS.

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