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THE BENEFITS OF MEMBERSHIP OF THE SCHEME

The Local Government Pension Scheme (LGPS) is one of the best occupational schemes in England and Wales and by being a member you will enjoy the complete range of secure and high-quality benefits:
  • A pension that increases each year in line with price inflation
  • Your employer contributes to the Scheme and this alone could be worth up to twice the amount that you pay into it. If you choose not to be a member, your employer cannot pay into any other type of arrangement in preference to the LGPS. If you 'opt out' you'll lose out on your employer's pension contribution.
  • The ability to exchange some of your pension to provide a tax-free lump sum
  • Death-in-service benefits of THREE times your pay
  • Pensions for surviving spouses, surviving registered civil partners and surviving nominated cohabiting partners
  • Enhanced benefits paid from any age if you retire because of ill health
  • Early payment of benefits subject to your employer's consent
  • All Scheme contributions attract Income Tax relief and National Insurance savings
  • Additional contribution schemes available to help you achieve even bigger benefits.