How does your pension work?

Watch the short videos below to understand how your LGPS pension works and how your benefits build up over time.

 

Why Join?

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Pension for Life

A guaranteed income paid to you in retirement.

 

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Employer Contributions

Your employer contributes towards the cost of your pension while you are a member.

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Tax Savings

Your contributions receive tax relief, reducing the actual cost to you.

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Ill Health Protection

Additional benefits may be available if you become unable to work due to ill health.

 

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Death Grant

Financial support for your dependants if you die while an active member.

 

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Benefits for Your Family

Pensions or other benefits may be available to your loved ones.

 

Before You Decide

Think Carefully Before Opting Out

Opting out may increase your take-home pay today, but it also means giving up valuable benefits and employer contributions.

For most members, remaining in the LGPS offers significant long-term value.