Part time working and the effect on pension calculations
As a part-time employee you enjoy the full range of benefits the LGPS provides. There is no minimum hours requirement to join the LGPS.
Watch our new YouTube video on why all part time workers should join the LGPS. There is also a factsheet to accompany the video and answers some key questions for part time workers thinking about joining.
All pension benefits within the LGPS are calculated using the full time equivalent salary, this avoids a member losing out should they reduce their working hours late in their career. However as a part time worker you only pay contributions on the pay you actually earn.
You should note that if you work term time only your working hours will be reduced to take this into account.
If you are employed on a contract with no fixed hours your pension benefits will be calculated on your proportion of service in a single year against the full time equivalent salary.
The following examples are all based on service in the current scheme (post 2008)