April 2024
Our pension fund is part of the Local Government Pension Scheme (LGPS). It gives you tax efficient savings and a guaranteed future income.
Capita looks after the day-to-day administration of the EAPF and will be your main point of contact for any questions you have about your benefits. Their details are shown at the end of this guide.
We hope our guide helps you to understand the basics of your pension, but if you’d like more in-depth information, please visit our website at www.eapf.org.uk or read our full Scheme Guide.
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Read our Scheme guide
It’s a ‘defined benefit’ pension scheme, so it’s calculated using a set formula. It isn’t linked to investment returns, like many other types of pension schemes. It’s linked to your salary and membership in the scheme.
The Scheme is flexible, you can choose to pay less in the 50:50 Section or more by paying into Additional Pension Contributions (APCs) or Additional Voluntary Contributions (AVCs)
It might cost less than you think, because your contributions into the scheme attract tax relief. This means you pay less tax by being in the scheme.
On leaving your contributing employment, you can take your benefits at any time from your normal minimum pension age (currently age of 55) to 75
The benefits you get include a pension and the option to take a tax free lump sum when you retire, as well as immediate life cover and ill health protection