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Local Government Pension Scheme (LGPS)

Pensions Shared Service - Camden, Merton, Richmond and Wandsworth

The Local Government Pension Scheme (LGPS) is a nationwide scheme for employees working for Camden or other employers participating in the scheme.

 Pensions Shared Service – Annual Benefit Statements update

The Annual Benefit Statements (ABS) for 2014/15 are delayed.  We are sorry that we’ve been unable to provide the statements within the statutory deadline.  This is due, in the main, to the complex new information and data requirements of the LGPS 2014 CARE scheme and the collating and recording of information from employer payroll systems.  We are working on the information received from the payroll providers to update our pension system to enable us to produce the statements by the end of November.

“Freedom and Choice”

You may have read about and seen the adverts on TV recently about the forthcoming flexibilites around withdrawing money from pension schemes. We have been receiving enquiries about whether members of the Local Government Pension Scheme (LGPS) can use these new flexibilities so more information about these provisions and how they interact with the LGPS can be found here. You should be aware that these new arrangements apply to Defined Contribution pension saving arrangements and not Defined Benefit pension schemes so these arrangements do not directly affect the LGPS.

The New LGPS 2014

Full details can be found on the lgps2014 website

Information about the pension fund from external websites