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protect the local government pension scheme

Submitted on Saturday 15th October 2011

Published on Monday 17th October 2011

Current status: Closed

Closed: Wednesday 17th October 2012

Signatures: 5

Tagged with

British ~ Pensions ~ Tax

Petition Action

protect the local government pension scheme

Additional Information

the L.G.P.S is a funded scheme and as such all payments made by members are invested in shares (in british industry). The increased payments being forced on its members will not go to the fund, but is simply a TAX on hardworking underpaid people trying to make a living. The increases will force vast amounts of members to leave the fund which will leave the burden of future pensions on our grandchildren. Please wake up mr Cameron. Under inflation pay rises since 2003 already have ordinary people on the poverty line. Dont take there pensions away to.


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