The number of employers such as universities, charities and housing associations joining the Local Government Pension Scheme (LGPS) has grown rapidly in recent years to more than 10,000 (10,671) – with an increase of 14% in 2014-2013 alone. This could grow even further over the next few years if some 16,000 state schools in England ultimately become academies.
The magnitude of the legal and financial obligations faced by employers participating in the LGPS is often underestimated.
To support these employers and local authority funds, the Pensions and Lifetime Savings Association (PLSA) is publishing a series of guides for employers participating in the LGPS:
A guide for employers participating in the LGPS: An introduction to the LGPS for scheduled bodies
A guide for employers participating in the LGPS navigating entry into the LGPS: for local government contractors
The PLSA had the support of a steering group to develop this guidance. The steering group is made up of experts from across a wide range of employers participating in the LGPS as well as advisors who work extensively with both employers and funds.
Joseph Carr, David Davison, Anjelica Finnegan, Con Hargraves, Gareth Hopkins, Mary Lambe, Emelda Nicholroy, John Prior, David Spreckley, Nick Stones.