Member Videos

Printer-friendly versionPrinter-friendly version

Video screen capture

 

What is a pension? (01:31)       

This video explains how LGPS members are part of a Defined Benefit pension scheme, with employers and employees paying towards the cost of a pension and how employee contributions receive full tax-relief.
 
 
(These videos have Closed Captions/subtitles). Please select 'CC')
 
 
 
       

Video screen capture

 

How your pension works (01:41)

This video explains how members build up pension in the LGPS, how pension accounts work and what happens when a member leaves the LGPS before retirement age.
 
 
(These videos have Closed Captions/subtitles. Please select 'CC')
 
 
 
 
 

Video screen capture

 

Looking after your pension (01:47)

The LGPS is a flexible way to save for retirement. This video explains how members can increase pension contributions (APCs and AVCs) and also how they can pay less contributions in the 50/50 section.
 
 
(These videos have Closed Captions/subtitles. Please select 'CC')
 
 
 

Video screen capture

 

Protection for you and your family (01:31)

This video explains how the LGPS looks after members and their loved ones, offering protection if you should suffer serious ill health, together with a range of death benefits, including a tax-free death grant and survivor pensions.
 
 
(These videos have Closed Captions/subtitles. Please select 'CC')
 
 
 

Video screen capture

 

Life after work (01:38)

This video provides valuable information to help members prepare for life after work, explaining how and when you can take your pension between ages 55 and 75, including how you may be able to move gradually into retirement with your employer's approval after age 55, and how your pension will likely be reduced if you choose to draw it before your State Pension Age or increased if you choose to draw it after.
 
 
(These videos have Closed Captions/subtitles. Please select 'CC')
 
   
   
Video screen capture  

Your annual allowance (03:22)

This video explains the amount by which the value of your pension benefits may increase in any one year without you having to pay a tax charge.
 
 
(These videos have Closed Captions/subtitles. Please select 'CC')
 
   
   
Video screen capture
 

Your lifetime allowance (02:57)

This video explains the total value of all pension benefits (excluding state pension) you can have without triggering an excess tax charge.
 
 
(These videos have Closed Captions/subtitles. Please select 'CC')
 
   
       

How to protect yourself from Pension Scams

 
   
Video screen capture  
Can you spot an investment scam from a smart investment?