§ Mr. David DavisTo ask the Secretary of State for Social Security what plans she has to help local authorities adapt to the changes to the minimum funding requirement. [14654]
§ Mr. DenhamThe Local Government Pension Scheme is not subject to the minimum funding requirement (MFR) and would not therefore need help in adapting to any changes, even had there been any.
In fact, the MFR has not changed since it came into effect from 6 April this year. The actuarial profession is at present reviewing the requirement and we will consider their recommendations when they become available.