Pensions

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Local Government Pension Scheme (LGPS)

Pensions Shared Service - Camden, Merton, Richmond, Waltham Forest and Wandsworth

The Local Government Pension Scheme (LGPS) is a nationwide scheme for employees working for Camden or other employers participating in the scheme.

General Data Protection Regulation (GDPR)

The General Data Protection Regulation (GDPR) is a new set of European Union (EU) regulations which will be implemented in the UK on 25 May 2018. The Government has confirmed that the UK's decision to leave the European Union will not alter this. 

Currently in the UK the Data Protection Act 1998 sets out how your personal information can be used by companies, government and other organisations. The GDPR will replace the Data Protection Act 1998.

There are new and extended rights for individuals in relation to the personal data an organisation holds about them, for example, an extended right to access and a new right of data portability.

In addition, organisations will have an obligation for better data management and a new regime of fines will be introduced for use when an organisation is found to be in breach of the GDPR.

The processing of data in the National Fraud Initiative (NFI) data matching exercise is carried out with statutory authority under the Local Audit and Accountability Act 2014. It does not require the consent of the individuals concerned under the Data Protection Act 1998 or the GDPR.

You can obtain further information about your rights from the Information Commissioner’s Office https://ico.org.uk/ .

Download our GDPR factsheet to find out how the GDPR will affect LGPS members.

“Freedom and Choice”

You may have read about and seen the adverts on TV recently about the forthcoming flexibilities around withdrawing money from pension schemes. We have been receiving enquiries about whether members of the Local Government Pension Scheme (LGPS) can use these new flexibilities, so more information about these provisions and how they interact with the LGPS can be found below.

You should be aware that these new arrangements apply to Defined Contribution pension saving arrangements and not Defined Benefit pension schemes so these arrangements do not directly affect the LGPS.

The New LGPS 2014

Full details can be found on the lgps2014 website

Information about the pension fund from external websites

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