Already a member of the LGPS

Opting out

Opting out

The LGPS is, and continues to be, one of the best occupational pension schemes in the UK. Whatever your reasons for considering opting out of the scheme, we ask that you give this matter careful consideration before making a final decision.

You may wish to take financial advice before deciding to opt out. If you are opting out of the LGPS due to advice you have received you should ask for this advice in writing. Your employer cannot ask you or force you to opt out.

If you are asked or forced to opt out you can tell The Pensions Regulator – see Equally, no one can force you to remain a member of the scheme but, if you elect not to be a member, you should understand the implications both for you and your dependants.

As an alternative to opting-out of the Local Government Pension Scheme (LGPS), there is an option to pay half the pension contributions – this is called 50/50. If you choose 50/50 you will pay half of the normal full pension contributions. Pension accrual rate will be 1/98th instead of 1/49th, but ill health, death and survivors’ benefits remain the same.

If you decide you still want to opt out of the LGPS then you will need to fill out the Opt-out form.