Your employer shares the cost – something they would be unlikely to do with a personal pension.
You get tax relief on all your contributions – even on extra payments you make to top up your benefits.
No hidden fees or charges – you simply pay a percentage of your pay.
No investment risk – you get a guaranteed package of benefits which are backed by law.
Protection for your loved ones in the form of pensions for dependents if you die.
Life cover of three year's pay - from the second you join. And unlike other forms of life insurance, there's no medical – its open to all.
All members can take a tax-free lump sum as part of their benefits package.
We all have to pay into something! And the LGPS is a great choice to make.
Protection for you in case you have to draw your benefits early through ill health.
The LGPS allows you to save while you are working in order to enjoy a pension once you retire. What’s more the LGPS is provided by your employer who pays a large part of the cost of providing the excellent range of benefits, so it’s an extremely valuable part of your employment package.