Pensions - local government scheme

The Brent Pensions site is administered by the London Pensions Fund Authority.

The Local Government Pension Scheme (LGPS) is a statutory, funded pension scheme. As such it is very secure because its benefits are defined and set out in law. The LGPS is contracted-out of the State Second Pension (S2P) and must, in general, provide benefits at least as good as most members would have received had they been members of S2P.

The LGPS is a national scheme with each administering authority, county councils and London Boroughs for example, have their own pension fund and membership. Brent's own fund membership at 31st March 2009 was over 17,000 which included some 6,000 active members, 5,300 pensioners and 5,700 deferred pensioners.