Local Government Pension Scheme and National Insurance Contributions

(asked on 10th February 2025) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, what her planned timetable is for the next (a) revaluation of the Local Government Pension Schemes and (b) the review of employer and employee contribution rates.


Answered by
Jim McMahon Portrait
Jim McMahon
Minister of State (Housing, Communities and Local Government)
This question was answered on 18th February 2025

As required by Regulation 62 (1) of the LGPS Regulations 2013, a formal valuation of all Local Government Pension Scheme (LGPS) funds is carried out every three years. The next valuation will take place as at 31 March 2025. This will set local employer contribution rates which will come into effect for the 2026-27 financial year. Employee contribution rates are set centrally and reviewed on a regular basis.

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