Devon Pension Services
The Local Government Pension Scheme is one of the oldest public sector schemes in operation, having been established in 1922. The LGPS is managed by an administering authority in accordance with regulations approved by Parliament.
Devon County Council is the administering authority for the Devon Pension Fund. Each authority is responsible for its own fund, into which all contributions are paid. The members’ benefits are paid from this dedicated pension fund.
Devon County Council administers the Pension Fund for its own employees and some 120 other organisations including Unitary, District, Town and Parish Councils, Education establishments and other admitted bodies.
The LGPS is a statutory, funded final salary pension scheme; contracted-out of the State Second Pension (S2P). This means it must, in general, provide benefits at least as good as most members would have received had they been a member of S2P.
The scheme in brief
What the Local Government Pension scheme is and how to join
About us
About Devon Pension Services and where to find us
Fund Management and Investments
Information about our Fund Management and Investment policies
Newsletters
Newsletters provide information and articles on topical issues on the Local Government Pension Scheme.
Latest pension news
Dec 2011 - An agreement was reached and accepted on 22nd December by the Government on the reform of the LGPS
Nov 2011 - The Local Government Pensions Commitee has produced two leaflets on the reform of public sector pensions.
Oct 2011 - DCLG issued a consultation paper on proposed increases in employee pension contributions
Latest Employer news
November 2011 Strike Information 30.11.2011
January 2011 - Contribution bandings for 2011/12.
Academies
The Academies Act 2010 received Royal Assent in July 2010 and allows schools to opt out of Local Authority Control. Any school seeking Academy status should refer to our document 
(150KB - pdf help) on the pension issues they will need to consider.
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