LGPS 2015

LGPS 2015

LGPS 2015

A new Local Government Pension Scheme (LGPS) was introduced across all Scottish Local Authorities from 1 April 2015.  


(N.B. This does not apply to members of the Teachers’ Pension Scheme)


The key features of LGPS 2015 are:

  • The LGPS moves from a final salary scheme to a career average (CARE) scheme but your pre April 2015 pension will still be linked to your final salary
  • Pension will be  built up at a rate of 1/49th of pensionable pay
  • Introduction of  a 50/50 option allowing members to pay half the contributions for half the benefits
  • Normal pension age linked to a member’s State Pension Age, with a minimum age of 65, for pension built up from 1 April 2015
  • Additional protection for members closer to retirement
  • Existing ill health and death in service benefits retained
  • Equality in partner pensions for co-habiting and civil partners with  married couples


Fife Council Pension Board

In accordance with the LGPS 2015 Governance Regulations, the Fife Council Pension Board has been introduced to assist Fife Council in ensuring compliance with LGPS and other legislation and requirements imposed by the Pensions Regulator.


LGPS 2015 Website

For more comprehensive information about the new scheme, including worked examples, members briefings, FAQs and latest news please visit http://scotlgps2015.org


Members Briefings

The members briefings (see publications below) will provide you with detailed information on several frequent questions relating to both the new scheme and information about paying into the current scheme before the change.


Pension Account Modeller

New to the LGPS2015 site is a useful Pension Account Modeller. This is to help you understand how pension accounts work. Please note, the Modeller only shows how a pension builds up from April 2015.  This, along with a video on the site (See screen grab below) will give you a greater understanding of the new pension scheme.


online video with or without subtitles


The Pension Account Modeller is to help you understand how pension accounts work. This Modeller only shows how a pension builds up from April 2015.

The Modeller allows you to input pensionable pay details, assumed inflation and assumed pay increases to see how the value of an LGPS pension builds over the number of years you choose. You can also choose to see how opting for the new '50/50 section' would impact on the benefits built up in a pension account.

The Modeller is not designed to provide you with an estimate of benefits. It shows how a pension will be worked out in the LGPS from 1 April 2015 onwards.  

It is important that you read the'Disclaimer'** before you use the Modeller.





The LGPS 2015 Pension Account Modeller has been produced for illustrative purposes only.   The figures shown do not include the value of any reduction if your pension is paid before your Normal Pension Age or any increase if it was to be paid later than your Normal Pension Age. Your Normal Pension Age for pension built up from April 2015 is linked to your State Pension Age.  The Modeller is for general information purposes only and does not cover individual personal circumstances and does not provide any contractual or statutory rights and does not override existing legislation.

Members Briefings :


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