What your employer pays

The contribution rate that your employer pays does not affect the pension that you build up.

The LGPS is a statutory pension fund and the calculation of your pension is set out in law. Find out about calculating your pension

Your employer pays the balance of the cost of providing your benefits. This is after taking into account investment returns.

Every 3 years, an independent actuary calculates how much your employer should contribute to the scheme. The actuary conducts a valuation of the Fund. They produce an actuarial valuation report which includes details of employer contribution rates. There are over 400 employers participating in the Kent Pension Fund. If you are not sure who your employer is, you should ask your line manager.

Read the actuarial valuation report 2022, which includes employer rates (PDF, 2.3 MB)

Find out about the contribution rates that you pay