The Post-2014 Local Government Pension Scheme
Produced in partnership with Gary Delderfield of Eversheds Sutherland (International) LLP
The Post-2014 Local Government Pension Scheme

The following Pensions guidance note Produced in partnership with Gary Delderfield of Eversheds Sutherland (International) LLP provides comprehensive and up to date legal information covering:

  • The Post-2014 Local Government Pension Scheme
  • Statutory framework
  • Funding
  • Administration
  • Governance
  • Management and investment of funds
  • Participating employers
  • Exiting the LGPS
  • Eligibility and membership
  • Contributions
  • more

This Practice Note relates to the Local Government Pension Scheme (LGPS) benefits accrued from 1 April 2014. It may be necessary to refer also to the Practice Note on the The Pre-2014 Local Government Pension Scheme in relation to LGPS members who qualify for transitional protection.

Statutory framework

The Local Government Pension Scheme (LGPS) is a statutory, public service pension scheme for local government and related employees in England and Wales.

There are separate local government pension schemes in Scotland and Northern Ireland, but they are not covered by this Practice Note.

The LGPS changed from a final salary pension scheme to a career average pension scheme (also known as a Career Average Revaluation Earnings (CARE) scheme) on 1 April 2014. To achieve this, the LGPS Regs 2013 set up a new scheme for the LGPS from 1 April 2014, the post-2014 LGPS (which is the subject of this Practice Note).

The post-2014 LGPS is established under and governed by:

  1. the Superannuation Act 1972 (SA 1972)

  2. the Public Service Pensions Act 2013 (PSPA 2013)

  3. the Local Government Pension Scheme Regulations 2013, SI 2013/2356 (the ‘LGPS Regs 2013’)

  4. the Local Government Pension Scheme (Transitional Provisions, Savings and Amendment) Regulations 2014, SI 2014/525 (the ‘Transitional Regs 2014’), and

  5. the Local Government Pension Scheme (Management and Investment of Funds) Regulations 2016, SI 2016/946 (the