Member

I reassure LGPS members that their pensions and benefits are protected, as they are guaranteed in statute and so will not be affected by any merger. A further safeguard on the use of this merger power is that all LGPS regulations require Treasury consent prior to being made. This ensures—this addresses another one of the questions from the noble Baroness, Lady Stedman-Scott—that the Secretary of State cannot act unilaterally to merge funds.