Thinking about joining the LGPS?
Your tomorrow starts today
As a member of the Local Government Pension Scheme (LGPS), you have access to one of the best pension schemes out there. It’s a great way to save for your future.
And the best part? Your employer pays in too. But if you opt out, you’ll miss out on this extra money towards your retirement.
What do you get?
- A guaranteed pension: the LGPS is a defined benefit scheme which means that your pension is based on your pay and how long you’ve been a member, not investment performance.
- Protection against inflation: your pension is adjusted each year to keep up with the cost of living.
- Retirement options: take your pension anytime from 57 to 75 (or from 55 if you retire before April 2028). Take your pension before State Pension age and it will be reduced. Take it later and it will increase.
- Tax-free lump sum option: when you retire, you can choose to take part of your pension as a tax-free lump sum.
Find out more in the interactive leaflet, watch the video, and speak to your employer about how to join the scheme.