Mark Whitehead 18 May 2016

Employers joining LGPS 'underestimate' obligations

The number of organisations signed up to the Local Government Pension Scheme (LGPS) has rocketed, but experts have warned that many underestimate the obligations involved.

The Pensions and Lifetime Savings Association (PLSA) says many members of the scheme including universities, charities and housing associations are now questioning whether they can afford to remain in it.

It says more than 10,000 employers are now members, an increase of 14% in 2013-14, while there could be thousands more schools joining if they become academies.

The PLSA is publishing a series of guides for employers in the local government scheme, the first of which will explain what they need to know before joining.

PLSA chief executive Joanne Segars said: 'The Local Government Pension Scheme provides some fantastic benefits for its members.

'But for employers there are significant legal, financial and administrative obligations which can cause a real headache.'

SIGN UP
For your free daily news bulletin
Highways jobs

Triage Advisor

Durham County Council
Grade 5 £27,274 - £29,542
We’ve got an exciting opportunity for a passionate and people-focused individual to join DurhamEnable as a Triage Advisor, supporting the Connect to W Durham
Recuriter: Durham County Council

Specialist Support Worker

Durham County Council
Grade 6 £29,071- £32,046 pro rata to hours worked
We are seeking to appoint a Specialist Support Worker for d/Deaf children and young people to work mainly within our Enhanced Learning Provisions in C Durham
Recuriter: Durham County Council

Lunchtime Supervisor

Durham County Council
£25, 614
Temporary contract until 21st July 2027 Part Time- 7.5 hours per week. Term Time Only Required to start 01/10/2026 (or as soon as possible)   The Gove Durham
Recuriter: Durham County Council

X3 Enhanced Teaching Assistants

Durham County Council
£29,071- £32,046 pro rata
Hours on site may vary due to training and meeting commitments- Staff are typically expected on site 8
Recuriter: Durham County Council

Team Manager - Connected Carers Team

Durham County Council
Grade 14, £51,928 - £56,293
We are looking for a Team Manager to join our Fostering service.  In Durham we strive to keep our children within their family, if at all possible an Seaham
Recuriter: Durham County Council
Linkedin Banner