Pension schemes

Information about local government, teachers’ and NHS pension schemes.

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 2025:

Pensionable pay (you contribute)

• Up to £17,800 (5.5%)
• £17,801 to £28,000 (5.8%)
• £28,001 to £45,600 (6.5%)
• £45,601 to £57,700 (6.8%)
• £57,701 to £81,000 (8.5%)
• £81,001 to £114,800 (9.9%)
• £114,801 to £135,300 (10.5%)
• £135,301 to £203,000 (11.4%)
• £203,001 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 2025:

• Up to £34,872.99 (7.4%)
• £34,873 to £46,943.99 (8.6%)
• £46,944 to £55,660.99 (9.9%)
• £55,661 to £73,768.99 (10.5%)
• £73,769 to £100,590.99  (11.6%)
• £100,591 and above (12%)

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 from 1 April 2024 until further notice:

Tier, based on actual pensionable pay

• Tier 1, Up to £13,259.99 (5.2%)
• Tier 2, £13,260.00 to £26,831.99 (6.5%)
• Tier 3, £26,832.00 to £32,691.99 (8.3%)
• Tier 4, £32,692.00 to £49,078.99 (9.8%)
• Tier 5, £49,079.00 to £62,924.99 (10.7%)
• Tier 6, £62,925.00 and over (12.5%)

Contact

01724 297000

pensions@northlincs.gov.uk