The Local Government Pension Scheme (LGPS) in Scotland is a funded, defined benefit, statutory occupational pension scheme and it is one of the main public service pension schemes in Scotland. The Scottish Public Pensions Agency is responsible for the LGPS regulations, but it is administered by Strathclyde Pension Fund. The LGPS is one of the best pension schemes there is.
To help people save for their retirement the Government requires all employers in the UK to automatically enroll their workers into a workplace pension if they meet certain requirements. This is known as automatic enrolment and already happens in the Local Government Pension Scheme (LGPS) and Scottish Teacher Pension Scheme (STPS), with most new employees automatically joining the Scheme when they commence employment. Scheme members are able to opt out at any time if they choose to. Employers are required to notify employees who have been auto enrolled or re-enrolled within 6 weeks of the date of enrolment.
For more information on the pension scheme and how to opt out, visit the our Pensions page on the staff intranet via the link below