The Local Government Pension Scheme (LGPS) is provided to you by your Employer, who then pays the bulk of the cost of your benefits.  How much it costs you depends on how much you are paid, but it will be between 5.5% and 12.5% of your pensionable pay under the MAIN Section of the Scheme.

The rate you pay depends on which pay band you fall into, which will be based on your actual pensionable pay. However, the amount you actually pay is far less than you think because you will attract tax-relief on the contributions that you pay.

As a member of LGPS, you have the option to opt out at anytime, however, this is NOT a decision to be taken lightly.

As an alternative, you have the option to reduce your normal contribution rate by half, to build up half the level of pension in the scheme during this time; which may be a better option than having to opt out of the scheme altogether. This is known as the 50/50 Section of the scheme.

  • MAIN Section
  • 50/50 Section

Please Note

Your Employer is responsible for allocating your contribution rate. If you believe it to be incorrect, please contact your Employer.

Any contractual or non-contractual overtime that you undertake will be deemed as pensionable.