About the fund

The local government pension scheme administered by the County Council was established in 1974 to cover the future pension entitlements of all eligible employees of the County Council and the Borough and District Councils, other than teaching staff |who have their own pension scheme. A number of other bodies also participate in the pension scheme as of right (scheduled bodies |) or are admitted to the scheme following application for membership (admitted bodies |).

The scheme is required to be funded, and is financed by contributions from employees and employers and by earnings from investments. Cash not immediately required to meet pensions and other benefits is invested in a selection of securities, equities and property. The pension fund must be sufficient to sustain the future pension entitlements of both past and present employees. This is achieved by adjusting the level of employers contributions every three years following an actuarial review| of the fund by the fund's actuary.

The Bedfordshire County Council Fund

The County Council has delegated day to day pensions operations to the Director of Finance.
The County Council Pension Fund Panel considers both Pension fund Investment and Pension Fund administration matters. The Panels' minutes are expected to be reported to the Pension Fund Committee.
For more information about the Fund please explore the options available please return to main menu|.
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Joining the Local Government Pension Scheme

New employees automatically become members of the Local Government Pension Scheme unless they are employed on a casual basis or do not have a contract of more than 3 months' duration. It is important that new employees NOT wishing to join the scheme  fill in a form |(PDF document opens in new window) and return it to Pensions Administration as soon as possible.   This form| (PDF document opens in new window) can also be used by employees who are already employed but have not yet entered the scheme and now wish to join. If you are employed on a casual basis or if you do not have a contract of more than 3 months' duration, then you will not be able to join the scheme.