Scottish Local Government Pension Scheme

The Scottish Local Government Pension Scheme (LGPS) is a retirement benefit program for employees working in local government roles across Scotland. It is a defined benefit scheme, meaning members receive a pension based on their salary and years of service, providing financial security after retirement. Contributions are made by both employees and employers, with investments managed to grow the fund. The scheme also offers benefits like ill-health retirement and survivor pensions for dependents. It aims to ensure fair, sustainable, and effective retirement provision for public sector workers in Scotland.