Monthly LGPS contribution payments | Oxfordshire County Council

Monthly LGPS contribution payments

How and when to make payments to Oxfordshire Pension Fund

Employers must ensure all the employee and employer contributions, including any monthly deficit payments, due to the Oxfordshire Pension Fund, are banked and payments cleared within 19 days of the end of the month the contributions were deducted. These contributions include all main scheme and 50/50 employee  contributions and any additional contributions payable from employee and employer.

Prudential AVC contributions are not included.

It is essential that the investment team receive all supporting paperwork for any payment to the fund and the paperwork must show the value being banked.

If your authority pays any compensatory elements of pension, you should include details of these payments with this return. We will inform you of any changes to the compensation pension. You should expect something each April, to coincide with pensions increase.

The administering authority has the power to impose a fine to any employer not making payment of the contributions within the 19-day period.

You should send the monthly return by email to pension.returns@oxfordshire.gov.uk.

You will receive a new version of the monthly return form for the start of every scheme year from the investment team, who should be contacted if you have questions about the rate of contribution or making the return

Pension Investment Team
Corporate Core
Oxfordshire County Council
County Hall
Oxford
OX1 1ND

Last reviewed
03 January 2018
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