Why Join?
If you're eligible, joining Lothian Pension Fund (LPF) offers peace of mind, long-term value and protection for you and your loved ones.
Secure benefits
- Your pension with LPF is the Local Government Pension Scheme (LGPS) Scotland and provides you with a guaranteed income for life
- LPF offers a defined benefit pension scheme, ensuring that members' pensions are calculated based on their years of contributions and earnings, rather than investment performance
- Unlike some schemes, your pension isn’t affected by share prices and stock market fluctuation
- Once you take your pension, it will go up in line with inflation, protecting you from rising prices.
A low cost to you
- Your employer pays significant amounts of money into the scheme
- You'll get tax relief on your contributions, including extra amounts you pay to top up your benefits
- You can take a lump sum when you retire, which will be tax-free
- There are no hidden fees or charges; you simply pay a percentage of your pay.
Benefits for you and your loved ones
- Protection for you in case you have to take your benefits early due to ill health
- Pensions for surviving dependents if you die
- Life cover of three years' assumed pensionable pay from the moment you join.
Forms
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Joining Form