Is the Local Government Pension Scheme for me?
The Local Government Pension Scheme (LGPS) allows you to save while you are working in order to enjoy a pension once you retire. What’s more the LGPS is provided by your employer who pay a large part of the cost of providing the excellent range of benefits, so it’s an extremely valuable part of your employment package. Continue reading—–>
How do I become a member?
The LGPS is a qualifying pension scheme for local government employers and other organisations that have chosen to participate in it. Continue reading—–>
Can I opt out of the scheme?
Once you have started employment, you can choose to leave the pension scheme at any time by opting-out. Continue reading—–>
Can I make extra contributions to increase my benefits?
Yes. You can make Additional Pension Contributions (APCs) and Additional Voluntary Contributions (AVCs).
Details of how to purchase APCs or AVCs can be found via the following link:
Can I transfer previous pension rights in the LGPS?
Yes. You may be able to transfer pension rights into the LGPS from:
- Another LGPS fund
- A previous employer’s pension scheme
- A self employed pension plan
- A personal pension plan
- A stakeholder pension scheme
Please note the Local Government Pension Scheme cannot accept a transfer in from a pension sharing credit option.
Transferring in previous pension rights
Transfers are not automatic and you must elect to transfer any previous pension benefits. Continue reading—–>