Overview
When you retire, you want more than the state pension to live on. If you want a good standard of living, you should join a workplace pension scheme. Not only can you start saving for your retirement, but you also get tax relief on any salary you pay into your pension. Oh, and did we mention that your employer pays a significant contribution too?
The Local Government Pension Scheme is often seen as one of the most valuable rewards of your job. It gives you a secure, Government backed, guaranteed income when you retire. You don’t have to worry about stock market crashes. The benefits you build up are guaranteed and adjusted in line with the cost of living, so they’ll never lose their value.