Leading On - A Complete Guide to Your Local Government Pension Scheme

This webinar will explain the nuts and bolts of the Local Government Pension Scheme (LGPS) and how it works for you. You will achieve an understanding in clear, unambiguous language, of how the money you pay in builds up benefits to provide for a guaranteed income in retirement. You will get an idea of how to max it out alongside some of benefits you may not know you have, whilst being wary of potential tax implications. We will unpick the complexities of the Transition Remedy (McCloud Judgement), as well as what the future may hold in planning for the best possible retirement scenario.

The LGPS is a benefit many ASCL Business Leaders, and  member CEOs almost take for granted. Yet, it is a cornerstone of their reward package. Members pay in a considerable percentage of their salary into the scheme with employers paying even more, so where does it go and how does it work? How can we max out its benefits, especially in the light of the Transition Remedy (McCloud).
 
Many colleagues are so busy running schools that understanding their LGPS  and how it works is pushed to the backburner. In truth, looking after themselves and their future security ends up low on the totem pole.
Let’s fix that and put our own oxygens masks on first.

*PLEASE NOTE: This is a prerecorded session and available for purchasing resources only*
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Jacques Szemalikowski

Conditions of Employment Specialist: Pensions

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Participants will:

  1. Understand how the LGPS works, including its complementary benefits.
  2. Understand how to max out their pension.
  3. Get a clear understanding of the Transition (McCloud) Remedy.

  • Business Leaders & CEOs