Local Government Pension Scheme (England and Wales)

The Local Government Pension Scheme (LGPS) in England and Wales is a pension fund for employees working in local government roles, such as teachers, waste collectors, and social workers. It is a defined benefit scheme, meaning your pension depends on your salary and length of service. Both employees and employers contribute to the fund during your working years. When you retire, you receive a regular income based on your career earnings. The scheme offers benefits like early retirement options, pension increases, and support for dependents, providing financial security after retirement.