{"value":{"id":1648390,"memberId":4703,"member":null,"memberRole":"The Parliamentary Under Secretary of State for the School System and Student Finance","uin":"HLWS873","dateMade":"2023-06-28T00:00:00","answeringBodyId":60,"answeringBodyName":"Department for Education","title":"Local Government Pension Scheme Academy Guarantee extension","text":"<p>My Right Honourable Friend, The Minister of State for Schools (Nick Gibb MP), has made thefollowing statement.</p><p>The Department for Education have extended the Local Government Pension Scheme Academy Guarantee to include Academy Trust outsourced contracts (e.g. outsourced catering services).</p><p>This extension will help Academy Trusts by reducing the costs of their outsourced contracts (e.g. lowering set up costs, simplifying administrative processes, and removing the requirement for a bond).</p><p>Detailed guidance on the extension has been published: <a href=\"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\" target=\"_blank\">DfE local government pension scheme guarantee for academy trusts: pensions policy for outsourcing arrangements - GOV.UK (www.gov.uk) </a></p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1648393,"linkType":"JointStatement","linkDate":"2023-06-28T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1648390","method":"GET"}]}