This page is designed to support employers by providing guidance on the Local Government Pension Scheme (LGPS).
If you cannot find what you are looking for, or you would like more specific training, please contact the Employer team on employerdata@cornwall.gov.uk to find out how they can help.
AVC Guidance
Members of the LGPS have the opportunity to enhance their benefits through Additional Voluntary Contributions (AVCs). If this is your first employee opting to purchase an AVC, please be aware that there is a specific process for employers to follow.
Learn more about the AVC process
Flexible Retirement
Flexible retirement became available under the Scheme starting from 6 April 2006. It allows members to begin receiving all or part of their retirement benefits without fully retiring, provided the following conditions, please be aware that there is a specific process for employers to follow.
Learn more about the Flexible Retirement process
Strain Costs
Pension strain costs (sometimes called capital costs) happen when there is a shortfall in the assumed level of funding needed to provide a particular pension benefit..
This often happens when someone takes their pension earlier than planned.
Employers might not always know when this cost will happen. It can still apply even if the person has only worked for them for a short time. This is because the person might have transferred in a pension from another job when they joined, or they might have other LGPS service.