Welcome to Pension Pulse

March 2025

Hit the links below for all the latest pension news and updates for you and your employees.

Contents

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End-of-year checklist

We’re nearing the end of the 2024-25 financial year. So, we’ve put together a checklist to highlight the actions you need to take before 31 March 2025 to prepare for this year’s valuation.

Checklist: actions you need to take

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Submit your March monthly data returns: remember to send yours by 10th April deadline (6th for Lancashire County Pension Fund). For more information, click here
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Check backdated pay: if any of your employees are affected by backdated pay increases, please add the details to your monthly data return. For help and support, click here
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Don’t duplicate your leaver submissions: don’t forget, you no longer need to submit a leaver form for members with certain reasons for leaving (see here for further information), as the information will be picked up in your monthly return.
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Make APP adjustments:remember, any assumed pensionable pay (APP) must be adjusted if an employee is absent from work for a period that crosses 31 March for two consecutive years. This year it’s 1.7 per cent. To find out more, click here

2025 employee contributions

The new employee contribution rates that apply to the Local Government Pension Scheme (LGPS) from 1 April 2025 are now on our website. 

CARE revaluation revealed

The 2025 CARE (Career Average Revalued Earnings) revaluation rates for the LGPS have been confirmed. 

Latest training

Our latest employer training dates are now available.

Monthly returns

Next deadline: 10th April (6th for Lancashire County Pension Fund).

Retirement notifications

Remember, we need at least 30 days’ notice

McCloud webinars

Encourage your members to book a place on an LGPS webinar about the age discrimination remedy (McCloud judgement).

LGA bulletins

Check out the latest updates from the LGPS news bulletin. An index of the topics covered in the 2025 bulletins so far is also available. 

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