Welcome to the Leicestershire County Council Pension Fund website!  Leicestershire County Council Pension Fund is part of the Local Government Pension Scheme (LGPS).  The LGPS is a nationwide scheme, administered by Local Authorities for the local government employers within their County boundaries, and also for many other non-profit making organisations, and companies who are undertaking a service which was, or could be carried out by the Local Authority.  This excludes Teachers, Fire fighters and Police officers, who have their own pension schemes.

We hope you will find our site useful and informative.

Please use the menu on the left to navigate to the pages YOU need to read to help with your enquiry.






June 2013:  We are pleased to announce that the Leicestershire County Council Pension Section has been shortlisted in the category of Best Administration at the national Professional Pensions Pension Scheme of the Year awards.  The winner will be announed in September.


15th April 2013:  A statutory consultation document on proposed changes to the Local Government Pension Scheme for COUNCILLORS has been published.  You can download the document here:

The DCLG have today issued a second round of statutory consultation on the draft Regulations

For this and the latest news on proposals to change the Local Government Pension Scheme from 2014, please head to our information page, which contains the very latest updates, and can be accessed here: Pension Reform


Changes to the Tax Controls on Pension Savings

The Local Government Pension Scheme (LGPS) is fully approved by HM Revenue and Customs (HMRC), which means that you receive tax relief on your contributions as they are deducted from your pay. However, there are two HMRC controls on the amount of pension savings you can have before you become subject to a tax charge. This is over and above any tax due under the PAYE system on your pension once it is in payment. The two controls on pension savings are known as the Annual Allowance and the Lifetime Allowance.

The Local Government Pensions Committee (LGPC) has produced a leaflet on the changes to tax controls on pension savings. the leaflet is available here:  Leaflet on changes to the Tax Controls on Pension Savings (Word document, 428KB)


ALSO:


Briefing Note for schools and colleges on the Pension implication of conversion to Academy status (Word document, 17.4KB)


Briefing Note for schools, colleges and academies: Local Government Pension Scheme and new academies – Briefing note on setting up a subsidiary company (Word document, 32.5KB)


The latest Employers Information bulletin (available here), was issued on 4th June 2013







The contents of this website do not override the provisions of the Local Government Pension Scheme Regulations. The information provided is to assist and inform employees and should not be treated as a definitive statement of law. The scheme regulations in force at the time will be used to reach a decision on any dispute or disagreement.