An introduction to the LGPS for scheduled bodies
The LGPS provides a positive benefit for its members; however, participating in the LGPS as a scheduled body comes with a range of potentially significant obligations including:
- Making regular contributions on behalf of employees and making additional contributions if the scheme is in deficit;
- Facilitating communications with scheme members;
- Setting up administrative processes for making payments; and
- Providing accurate and complete data to the scheme when requested.
This guidance will help you to obtain a full appreciation of these obligations and any associated risks.
If you would like to hear more about PLSA’s work in this area, and first sight of future editions of this guidance for employers, please email firstname.lastname@example.org.