Welcome to the East Riding Pension Fund

Monday 21 May 2012

About the ERPF

The East Riding Pension Fund, created following Local Government reorganisation in April 1996, administers the Local Government Pension Scheme (LGPS) for the four unitary Authorities in the region plus over 80 other local employers and organisations. It has a membership of more than 82,000 active, deferred and pensioner members

Members

The following pages are for those who are contributing to the Local Government Pension Scheme, have previously contributed to the scheme and have deferred benefits or those who are in receipt of pension benefits.

Employers

This section of the site is intended for use by participating employers within the East Riding Pension Fund and is where we aim to keep you up to date with information and developments, together with providing guidance and training notes.

Investments

This section provides information on Investment strategy, Corporate Governance and Annual Reports

Latest News

Reflection newsletter - Spring 2012

The Spring 2012 issue of Refection - our newsletter for retired members of the East Riding Pension Fund - was posted out recently. An online version is available here (PDF - opens in new window).

NEW LOCAL GOVERNMENT PENSION SCHEME 2014

Joint communications update

2014 LGPS Reform - Latest update on the LGPS web site.

20 March 2012

An update has been produced by the Local Government Association (LGA), UNISON and GMB in order to keep members up to date with the progress against the joint principles document published just before Christmas. This update along with all of the project documentation can be found on the LGPS members’ website either directly at this address: http://www.lgps.org.uk/lge/core/page.do?pageId=15431012 or by going to www.lgps.org.uk then selecting the Reform of the LGPS option under Latest

23 January 2012

LGPS reform - Joint Statement

Read the full joint statement by the LGA, LGA Workforce Board, Unison, GMB & Unite. Joint Statement

22 December 2011

Changes to the Tax Controls on Pension Savings

The Local Government Pension Scheme (LGPS) is fully approved by HM Revenue and Customs (HMRC), which means that you receive tax relief on your contributions as they are deducted from your pay. However, there are two HMRC controls on the amount of pension savings you can have before you become subject to a tax charge. This is over and above any tax due under the PAYE system on your pension once it is in payment.

The two controls on pension savings are known as the annual allowance and the lifetime allowance and this leaflet takes a brief look at the recent changes made to those allowances.

19 December 2011

LGPS – Reform of Public Sector Pensions

The Chief Secretary to the treasury announced a revised offer for public sector pension reform on December 2nd 2011. The following is a link to the Government's command paper and related papers http://hm-treasury.gov.uk/tax_pensions_index.htm. Employers and Pension funds have been asked to provide their views on the proposals and you can see the East Riding Pension Fund Pension Committee response here ERPF Response to HMT. (pdf 1.76mb)

19 December 2011

Following recommendations made by the Public Service Pension Commission, headed by Lord Hutton, the Government is looking to reform the Local Government Pension Scheme (LGPS), along with other public service schemes.

For more infromation on the proposals for change and the reforms of public sector pensions please seee the following reports LGPS Change Proposals (pdf 48kb) and Reform of Public Sector Pensions (pdf 60.51kb).

1 December 2011

Annual Benefit Statements 2011

If you are an active, deferred or councillor member of the scheme, you should have or will soon be getting your 20011 Annual Benefit Statement. If you have any queries or questions regarding the content then please see our frequently asked questions

29 November 2011

Pension Pay Dates (April 2012 - March 2013)

30 April 2012, 31 May 2012, 29 June 2012

31 July 2012, 31 August 2012, 28 September 2012

31 October 2012, 30 November 2012, 28 December 2012

31 January 2013, 28 February 2013, 29 March 2013.

15 March 2012

Higher Earners – Changes to the HMRC Lifetime Allowance

Schedule 18 of the Finance Act 2011 amends section 218 of the Finance Act 2004 so that, with effect from tax year 2012/13, the Lifetime Allowance (LTA) will be reduced to £1.5 million. The LTA will remain at that level unless subsequently amended by a HM Treasury Order.

Subject to some conditions, individuals will be able to apply for fixed protection (to retain a LTA of £1.8 million) until 5 April 2012. HMRC will not accept applications received after that date. Individuals will not be able to apply online, instead individuals will have to complete a printed form accessed from HMRC’s website.

It is an individual’s responsibility to apply for their own fixed protection. For further guidance see LifetimeAllowanceguidance on the HMRC website.

3 August 2011

Public Sector Pension Contribution Increases

Local government pension schemes will be free to reform the fund and deliver savings to government without imposing a 3.2 percentage point increase on employee's contributions. For more information please see the following links. BBC News and Professional Pensions magazine.

Reminder - Moving House

Have you recently moved house?. You can now notify the ERPF of your new address by downloading and completing the new Change of Address form

25 June 2010

Local Government Pension Scheme presentations

The ERPF, in partnership with your employer, provide presentations on the LGPS and how it works for you. To view presentation content see:

Intro to the LGPS Planning your retirement My pension explained

Employer presentation dates and venues are agreed 12 months in advance due to the variety of locations and number of expected delegates. For course and venue availability and to book a place, please contact your employer or see your employer link below.

East Riding of Yorkshire Council North East Lincolnshire Council North Lincolnshire Council

Hull City Council All other Employers

Downloading PDFs
To be able to view and print many of the files on this site you need to have the PDF reader 'Adobe Acrobat Reader' installed on your computer. If you don't already have Acrobat Reader then you can download it here.

Disclaimer | Copyright: All rights in the design, text, graphics and other material on this site are the copyright of East Riding Pension Fund (ERPF) or other third parties. Permission is granted to electronically copy or print material from the site for private or educational use whilst acknowledging ERPF as the data owner. Written consent must be obtained for any other use of the materials by writing to East Riding Pension Fund, PO Box 118, Council Offices, Church Street, Goole, East Riding of Yorkshire, DN14 5YU.