One of the most significant overhauls of the LGPS scheme is underway and will be with us from 1 April 2014. However, so awareness of the changes with only 5 months to go seems very limited. 

The main changes under the new regime include:

One of the most significant overhauls of the LGPS scheme is underway and will be with us from 1 April 2014. However, so awareness of the changes with only 5 months to go seems very limited. 

The main changes under the new regime include:

• The employer will pay contributions not only on the actual contractual pay but on all non-contractual overtime / additional hours.
• If the employee chooses the 50/50 section of the scheme the employer will still pay their full contribution rate
• Additional administration will be caused if employees are switching between the main and 50/50 sections
• During periods of reduced contractual pay or nil pay as a result of sickness, maternity,  paternity or adoption leave the employer will pay contributions on the Assumed Pensionable Pay (APP)
• The proposed future employer contribution rate is 13%, however, past service (deficit) costs and local factors will continue to be included in the employer contribution rate
• The employer contribution rate is set every 3 years following a valuation, which is due in 2013 and will set the employer rate from 1st April 2014

This above heralds significant change in the operation of the LGPS. At Dataplan Education we will of course be ensuring all of our customers remain compliant with current and future LGPS regulation.