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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 2022:

Pensionable pay (you contribute)
Up to £15,000 (5.5%)
£15,001 to £23,600 (5.8%)
£23,601 to £38,300 (6.5%)
£38,301 to £48,500 (6.8%)
£48,501 to £67,900 (8.5%)
£67,901 to £96,200 (9.9%)
£96,201 to £113,400 (10.5%)
£113,401 to £170,100 (11.4%)
£170,101 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 2022:

  • Up to £29,187.99 (7.4%)
  • £29,188 to £39,290.99 (8.6%)
  • £39,291 to £46,586.99 (9.6%)
  • £46,587 to £61,742.99 (10.2%)
  • £61,743 to £84,193.99  (11.3%)
  • £84,194 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 until further notice)
    • 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%)