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OPTING OUT OF THE LGPS AS A COUNCILLOR MEMBER
You can leave the LGPS at any time by giving your council notice in writing. An election to opt-out becomes effective from the end of the payment period during which you gave notification, unless your notification specifies a later date. You are recommended to obtain advice before opting-out of the LGPS.
If you opt-out the same options are available to you as detailed in the section on Ceasing to be a Councillor before Retirement (except that deferred benefits cannot be paid until you have ceased to be a councillor or, if earlier, age 75).
Can I re-join the LGPS at a later date?
If you opt-out once, you can re-join the LGPS at any time whilst you remain an eligible councillor.
If you opt-out of the LGPS more than once, unless you elect to re-join the Scheme within three months of commencing as an eligible councillor with a new council, you will only be allowed to re-join at the discretion of your council. You can ask your council what their policy is on this matter.
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You may wish to obtain independent financial advice before you make a decision to opt-out of the LGPS.
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