In 2014 the Local Government Pension Scheme had a regulatory change. The 2014 Regulations resulted in changes to the way the pension scheme is managed and administered. These changes are explained on this page. The LGPS 2014 has its very own website, at: LGPS 2014 website and the current LGPS is at: National Scheme Members website. On these website you will find details of the reasons behind the 2014 regulation changes.
However, here you can find information regarding the LGPS 2014:
- Example wording of Employer notification of employee contribution rate may help when communicating to your employees.
- A copy of our slides for the 2014 Scheme Overview and Employer Responsibilities training.
- The employee contribution bandings and rates have now been confirmed as being those in the LGPS Regulations 2013 and the communications that we have previously distributed. The LGPC Secretariat’s HR and Payroll Guides have been updated accordingly and for ease of reference the banding table is shown below for this latest year.
An overview of changes in our newsletter LGPS 2014 Employee Newsletter.
- A suite of more detailed leaflets on the changes introduced from April 2014:
- On the initial LGPS 2014 website www.lgps2014.org, which is still open, there are 3 short topic videos giving details on the scheme.
Historic news about the LGPS 2014 scheme:
- A copy of the Regulations, along with related Explanatory Memorandum and Impact Assessment can be found on the government’s legislation website.
- ‘The LGPS is changing from 1 April 2014′ leaflet - June 2013. Details of further communications can be viewed on the Draft communication plan for the LGPS 2014 (version 4 Nov’13).
- Latest joint statement - January 2013. The LGPS 2014 Project Board issued a joint statement updating the latest position regarding implementation of the proposals.
- New LGPS Proposals released – May 2012 on the LGPS website. The LGA and trade unions announced the outcome of their proposals for a new LGPS from 1 April 2014.
For information concerning the Rule of 85 Protections, please see the page ‘The 85 year rule’.