Basic Set Up Details
Name of Pension Scheme: Local Government Pension Scheme
(LGPS)Name of Fund: Dorset County Pension Fund
ECON
(Employer Contracting-out Number): E3900002R
SCON
(Scheme Contracting-out Number): S2700146N
National Insurance Category for
LGPS Members: D
LGPS Employee Contribution Rates
There is one set of employee contribution bands for all LGPS members. These change on 1 April every year. Your employee contributions must be reviewed at this point (or more frequently if determined by your employer discretions policy).
Latest employee contribution bands
LGPS Employer Contribution Rates
Upon becoming a LGPS employer, we will notify you of your starting contribution rate. The contribution rate is reviewed every 3 years as part of a fund-wide valuation exercise (the last taking place in 2019).
Making Payments and Sending Returns
Employers must ensure all the employee and employer contributions due to the Dorset County Council Pension Fund are received by the 19th of each month following when the deductions were made. Please make BACS payments to:
Account Name: Dorset County Pension Fund
Sort Code: 60-07-01
Account No.: 38164841
Employers must also send a Monthly Financial Return Form to coincide with the payment being sent. This will enable the Pension Investment Team to allocate the contributions appropriately. Monthly financial return form The form should be sent to us each month either by e-mail or post:-
Email: investments@dorsetcouncil.gov.uk
Post:
Treasury and Investments
Dorset Council
County Hall
Colliton Park
Dorchester
Dorset
DT1 1XJ
Yearly payroll returns
We also require End of Year Returns showing each Scheme member’s contributions to the LGPS. Further details, including a Financial Posting Guide and Contributions posting spreadsheet is available here
Pensionable Pay
Pensionable pay is defined by the LGPS Regulations. Further details can be found on the LGPS Regulations and Guidance website.
Further Details
For further details please see the Payroll Guide to the 2014 Scheme and the HR Guide to the 2014 Scheme on the LGPS Regulations and Guidance website.