All staff are entitled to join the local government pension scheme (LGPS), which is run by Peninsula Pensions. Staff contributions are based upon salary, and range between 5.5% and 7.5% of pensionable pay. In addition to staff contributions, the council pays employer contributions.
As well as a pension upon retirement, the pension scheme provides for a number of other benefits including:
- a tax free death in service benefit of 3 times pensionable salary
- dependents pensions in the event of the death of the pension member