Local Government Pension Scheme (LGPS)
The scheme is a Career Average Revalued (CARE) scheme administered by East Riding Pension Fund. It is now closed to new members.
Additional Voluntary Contributions for LGPS members via salary sacrifice
LGPS members reviewing their financial circumstances may want to consider the option of Additional Voluntary Contributions (AVCs) via Salary Sacrifice which provides Tax and National Insurance Contribution savings on AVCs into your Local Government pension.
The document here explains, in detail, how the arrangement works and also provides FAQs with an application form.
You can find out more about AVCs at https://www.pru.co.uk/rz/localgov/
Unfortunately Prudential no longer provide scheme presentations but we run Financial Education webinars to help you understand about salary sacrifice and AVCs as well as many other financial related topics.
If you wish to commence AVCs, please complete and return the application form and also apply to Prudential via their online process, see link above.
