Struggling with the cost of living

If you’re struggling with money, there’s a lower cost section of the LGPS you may want to think about. Rather than opt out of the LGPS, you can still keep full life and ill health cover by joining the 50/50 section . This gives you the flexibility to pay half your normal contribution rate, however your main scheme entitlement will also be 50% lower from that point onwards..

If you’re not sure about any part of your pension planning, you should get independent financial advice.