Skip to Main Content

Richard Tice’s LGPS attack misses the real cause of the council funding crisis

Richard Tice’s attack on the LGPS makes headlines – but as Mona Dohle writes, the scheme has delivered savings while councils have been crippled by years of funding cuts.

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

Last week, Reform’s deputy leader Richard Tice hit the headlines with sharp criticism of the LGPS, accusing the scheme of a “gravy train culture”,

Paul Guilliotti, director of Financial Services, Richmond and Wandsworth Councils argues that current high funding levels should be approached with caution as marginal changes to discount rates can potentially have a significant impact.

(Shutterstock)