Overview

Instead of opting out, or at times when money’s tight, there’s an option to stay in the LGPS but pay less. This is called the 50/50 section. This gives you the flexibility to pay half your normal contribution rate. You’ll only build up half your normal pension but you keep full life and ill health cover. So you and your family are still protected, if the worst were to happen.

You can see the current LGPS contribution rates on the ‘How much does it cost page’ and how much you’re paying on your payslip. You can also use the LGPS contributions calculator to see how joining the 50/50 section would affect your pay.

Looking after your pension video 01:46

How much you pay and how you can increase or decrease your payments.