Can I pay less contributions?

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Two halves of an orangeWhen you are a member of the LGPS there may be times when you are in difficult financial circumstances and consider opting out of the scheme to save money.
 
The LGPS offers you the flexibility to stay in the scheme at such times and continue to build up valuable pension benefits. You can elect to pay half your normal contributions and build up half your normal pension. This is known as joining the 50/50 section of the LGPS.
 
You will be automatically enrolled into the main section when you join the Scheme. Here, you will pay the normal contribution rate and build up pension in the normal way.
 
If you are paying contributions in more than one job, you can elect for the 50/50 option in one, some, or all your individual employments.
 
Regardless of which section you are in, you receive full life assurance cover.