Local Government Pension Scheme: Academy Guarantee Extension Debate
Full Debate: Read Full DebateDepartment: Department for Education
Nick Gibb
Main Page: Nick Gibb (Conservative - Bognor Regis and Littlehampton)Department Debates - View all Nick Gibb's debates with the Department for Education
Local Government Pension Scheme: Academy Guarantee Extension
Nick Gibb Excerpts(1 year, 4 months ago)
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The Minister for Schools (Nick Gibb)
The Department for Education has extended the local government pension scheme academy guarantee to include academy trust outsourced contracts—for example, outsourced catering services.
This extension will help academy trusts by reducing the costs of their outsourced contracts—for example, by lowering set-up costs, simplifying administrative processes and removing the requirement for a bond.
Detailed guidance on the extension has been published on gov.uk:
https://www.gov.uk/government/publications/academies-and-local-government-pension-scheme-liabilities/dfe-local-government-pension-scheme-guarantee-for-academy-trusts-pensions-policy-for-outsourcing-arrangements
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