Calls for East Lothian Council to have a "seat at the table" of it's employees' pension fund have been narrowly rejected despite claims there was a "democratic deficit".
Lothian Pension Fund (LPF) us currently considering a merger with Falkirk Council's Pension Fund which would create a combined 115,000 members and assets of £11.3billion.
At a meeting of East Lothian Council this week Scottish Greens Councillor Shona McIntosh raised concerns that despite LPF representing the retirement pots for workers at four councils – West Lothian, Midlothian, East Lothian and Edinburgh – only Edinburgh City Council members will take an active part in the vote alongside Falkirk colleagues.
