Labour slams Reform's party politicking with council pension schemes

Labour councillor and member of West Northants pension committee, Cllr Keith Holland-Delamere said the financial security of many thousands of local pensioners should not be put at risk by party political posturing.

In a statement following the news conference held by Reform about local government pension schemes Cllr Holland-Delamere said:

“The local government pension scheme provides financial security in retirement for many thousands of people in Northants who are employed by or have retired from local authorities, contractors, charities and other organisations. Their financial security should not be put at risk by party political posturing by Reform.

"Trustees and pension committee members are under a legal duty to make their decisions in the best interests of pension scheme members. These may not be the same as the interests of the local authority – the pension scheme is there for the pensioners. It is completely wrong for Reform to threaten or bully pension fund trustees and committee members.

"Richard Tice says those who don’t do what he says are on the side of “rich, city investment managers.” Yet Tice, Farage and Yusuf, the big three in Reform, are all multi-millionaires with backgrounds in big city finance.

"Reform in West Northants must be accountable to the people of West Northants, not to Reform's big city bosses.”