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Local authorities paid on average £5billion into Local Government Pension Scheme pots over the past year, accounting for an average of 23.5 percent of council tax revenue, reports The Times.
His intervention came after new figures revealed that £1 in every £4 raised in council tax was spent on local government pensions last year. He told The Telegraph: “Public sector pensions are ...
A data analysis across more than 250 councils has found that almost £7 billion was funnelled into the Local Government Pension Scheme (LGPS) last year, just short of £1 in every £4 raised in ...