The number of retired council staff earning six-figure pensions has hit a record high in the UK, according to figures obtained from the UK's Local Government Pension Scheme (LGPS). 245 retirees are set to receive more than £100,000 a year, highlighting a significant increase in high-value public sector pension payouts.
The rise sparked debates on who ultimately funds these large retirement payouts, especially during a time when households face higher council tax bills and stretched local government budgets.