Annual allowance and lifetime allowance changes
Changes to pensions tax limits were announced in the Chancellor’s Spring budget on 15 March 2023. They affect the two...
Read more about Annual allowance and lifetime allowance changes
Employer news
Employee contribution bands 2023/2024
Below are the employee contribution bands effective from 1 April 2023. These are calculated by increasing the 2022/23...
LGPS Statistics for 2021/2022
Statistics for the Local Government Pension Scheme nationally were published on 26 October 2022 by the Department for...
Funding Strategy Statement Consultation 2022
The fund is required by the Local Government Pension Scheme Regulations to prepare and publish a funding strategy sta...
Read more about Funding Strategy Statement Consultation 2022
Reminder about inducement to opt out
The fund has been made aware of a national issue involving a council job advert offering an additional cash allowance...
LGA updates the Brief Scheme Guide
We’ve recently published our updated Brief Scheme Guide in line with changes from the LGA. You can find the latest ve...
Guidance on special severance payments
On 12 May 2022, the MHCLG (Ministry of Housing, Communities and Local Government) published statutory guidance on spe...
Payroll and HR guides updated
The HR and Payroll guides produced by the Local Government Association (LGA) covering HR and payroll issues for LGPS...
Making a pensions decision? Let us know
The LGPS regulations require scheme employers to inform the fund of any first instance decisions made under regulatio...
The McCloud remedy – an update
What is the McCloud case? The case concerns the transitional protections given to scheme members, who in 2012 were wi...
Are you thinking about outsourcing?
We have seen several delays in such outsourcings, where the admission agreement has not been put in place for the con...
GDPR documents updated again
New versions of the full privacy notice and summary privacy notice have been uploaded to the Shropshire County Pensio...
