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Pension schemes

To follow any changes to this service, visit the Council Service Updates page.

Local Government Pension Scheme (LGPS)

The LGPS provides:

  • secure benefits – the scheme provides you with a future income, independent of share prices and stock market fluctuations.
  • at a low cost to you – with tax-efficient savings and lower National Insurance contributions for most people under State Pension Age.
  • and the council pays in too – your employer meets the balance of the cost of providing your benefits in the LGPS.

Here are the pay bands and contribution rates that apply from 1 April 2020:

  • Pensionable pay (you contribute)
    • Up to £14,600 (5.5%)
    • £14,601 to £22,800 (5.8%)
    • £22,801 to £37,100 (6.5%)
    • £37,101 to £46,900 (6.8%)
    • £46,901 to £65,600 (8.5%)
    • £65,601 to £93,000 (9.9%)
    • £93,001 to £109,500 (10.5%)
    • £109,501 to £164,200 (11.4%)
    • £164,201 or more (12.5%)

For more information please visit the East Riding Pension Fund (ERPF) or LGPS website.

Teachers’ Pension Scheme

An occupational pension scheme available to Local Government teaching staff.

Here are the pay bands and contribution rates that apply from 1 April 2020:

  • Annual salary rate for the eligible employment (member contribution rate)
    • Up to £28,168.99 (7.4%)
    • £28,169 to £37,918.99 (8.6%)
    • £37,919 to £44,960.99 (9.6%)
    • £44,961 to £59,587.99 (10.2%)
    • £59,588 to £81,254.99 (11.3%)
    • £81,255 and above (11.7%)

For more information visit the Teachers’ Pensions website.

NHS Pension Scheme

An occupational pension scheme available to eligible public health staff working in the council.

Here are the current pay bands and contribution rates:

  • Tier, pensionable pay (whole-time equivalent) (Contribution rate from 2015/16 to 2021/22)
    • Tier 1, Up to £15,431.99 (5.0%)
    • Tier 2, £15,432.00 to £21,477.99 (5.6%)
    • Tier 3, £21,478.00 to £26,823.99 (7.1%)
    • Tier 4, £26,824.00 to £47,845.99 (9.3%)
    • Tier 5, £47,846.00 to £70,630.99 (12.5%)
    • Tier 6, £70,631.00 to £111,376.99 (13.5%)
    • Tier 7, £111,377.00 and over (14.5%)