50/50 section

From 1 April 2014, members have the option to pay into the main LGPS scheme or the 50/50 section.

The 50/50 section allows a member to pay half of their contributions and build up half of their pension benefits.

Please note:

• Members with multiple jobs can be in the 50/50 section for one job and the main section in the other(s).
• Members are put back into the main scheme automatically following your auto-enrolment date. You'll need to make them aware of this change and let them know that they need to fill in another 50/50 form if they want to go back into the 50/50 section.
• Employer’s contribution rates are the same regardless of if a member is in the main or 50/50 section of the scheme (the employer rate is still paid in full and not at half rate).