Additional Pension Contributions (APCs) to cover lost pension
For unpaid leave such as career breaks and unpaid additional maternity leave, members have the option of paying an APC to cover any pension lost.
If they make the election to do so within 30 days of returning to work the cost of the APC is split with 1/3 funded by the member and 2/3 funded by the employer.
If the member does not make the election within 30 days then the APC is solely funded by the member.
For strike action a member can also pay an APC to cover the pension lost but regardless of when they make the election the APC is solely funded by them.
Additional Pension Contributions (APCs) to buy extra pension
A member can pay extra contributions to buy up to an additional £6,500 of pension, either by regular deductions from their pay or as a lump sum.
The member will need to undertake a medical check should they wish to purchase additional pension.
If the member is in the 50/50 section of the scheme they are unable to commence an APC contract to buy extra pension, or if they have an existing APC contract to buy extra pension and move to the 50/50 section the contract must stop.
For both types of APCs please refer the member to the increasing benefits page of the website.
- An administration guide to APCs can be found on the LGPSRegs site
- The Government Actuary’s Department guide “Purchase of additional pension – Elections on or after 1 April 2014”