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Local Government: Pensions

Volume 495: debated on Tuesday 30 June 2009

To ask the Secretary of State for Communities and Local Government what the level of (a) employee and (b) employer contribution to the Local Government Pension Scheme, as a percentage of the employee’s salary is, for each of the different options within the scheme. (282750)

The rate of contributions paid by employees who are members of the Local Government Pension Scheme is prescribed in Regulation 3 of the Local Government Pension Scheme (Benefits, Membership and Contributions) Regulations 2007 (SI 2007 No 1166, as amended).

The rate of contribution paid by employers who participate in the Scheme is determined at each triennial valuation, the last being in March 2007. Details of contribution levels for each individual employer are not held centrally but a summary of recent triennial valuation exercises undertaken by the Society of County Treasurers can be found at:

http://cipfa.org.uk/panels/pensions/download/2007_LGPS_Valuation_Survey_Results.pdf

Individual Scheme administering authorities can provide details of contribution levels.