Navigating entry into the LGPS: for local government contractors
The LGPS provides a good quality pension for its members. However participation in the scheme comes with potentially significant financial commitments and administrative responsibilities including:
- making regular contributions on behalf of employees and making additional contributions if the scheme is in deficit;
- facilitating communications with scheme members; and
- Setting up administrative processes for making payments and providing quality to data to the scheme when requested.
This guidance will help you to obtain a full appreciation of these obligations and any associated risks before entering into a local government contract.
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 enter your email below:
Senior Policy Adviser