The Local Government Pension Scheme (or LGPS) is a career average revalued earnings scheme and one of the best ways to plan for your retirement with an excellent range of benefits, It's also a modern scheme that reflects the needs of a modern workforce, whether you work full time or not.
The Scheme is open to all NYCC employees other than those eligible to join the Teachers' Pension Scheme.
From 1st April 2008, eligible employees will automatically be enrolled in the scheme when they start an NYCC post.
For information regarding your LGPS pension please visit the NYPF website www.nypf.org.uk. The pensions team can also be contacted by email at firstname.lastname@example.org or by telephone on 01609 536335.
Employer Discretion and Early Retirement Policies
For NYCC maintained schools, the Council remains the employer in relation to pension decisions within the LGPS. Most entitlements are determined by the scheme regulations, however, there are some decisions which need to be made by each LGPS employer; these are called employer discretions.
The NYCC LGPS Employer Discretion Policy details the discretion decisions made by the Council. A copy of this Policy is available below.
How these discretions apply to early retirement situations is detailed in the LGPS Early Retirement Policy. This policy is supported by guidance documents, including one specifically for school based employees. These documents outline where decisions need to be made at school level and what decisions need to be referred to the Director of CYPS.
Both of these policies apply to maintained schools and do not need to be adopted by Governing Bodies.
Other useful information
Copies of pension information sent out by NYCC January 2020