Changing jobs
You may have a change in your job whilst you’re paying into the LGPS. Find out how this could affect your pension.
Changing job with your current employer
If you change your job with your current employer, what happens to your pension depends on whether they consider you’ve:
- been continuously employed – your pension account will continue as well.
- ended one job and started a new one – your current pension account will become deferred if you’ve had it for two or more years. Your employer will ask us to set up a new pension account for you.
As we’ve set up a new pension record, you’ll get some new starter options. For example, the choice to transfer an old pension in within 12 months of starting a new role. If you’ve two or more years membership, we’ll ask you whether you want to combine your pensions or leave them separate. If you’ve less than two years’ LGPS membership, it will be joined to your new account. You can’t choose to leave it separate.
Ask your employer if you’re not sure if your job will be treated as a new job or a continuation of an existing role.
New job with another LGPS employer
If you leave your current job and start a new one with another LGPS employer, your current pension account will close. Your new employer will ask us to open another pension account for you.
Leaving your job
See the Thinking of leaving page or Retirement section if you’re leaving your job.
Getting a promotion
If you’ve had a significant increase to your pay, this may lead to an increase in your employee contribution rate. You may also want to think about paying more into your pension. You can look at your options on our ‘Paying more’ page.
