Frequently Asked Questions about paying extra contributions
Can my employer award me any extra benefits?
Your employer, at their discretion, can award additional annual pension up to £8,344.
What happens if I pay extra and elect for the 50/50 option?
If you move from the main section of the Scheme to the 50/50 section, certain rules apply. For more information, please click here [2].
What if I'm paying extra and I am absent from work?
The rules that apply if you are paying extra contributions and you are absent from work are covered in the section How could my LGPS benefits be affected if I am off work? [3]
Do the tax rules on pension savings limit the extra I can pay?
Yes. There are HM Revenue and Customs controls on the total amount of contributions you can make into all pension arrangements and receive tax relief.
For more information, please click here [4].