NESPF provides a pension for employees of Aberdeen City Council, Aberdeenshire Council and The Moray Council as well as around 50 other public or charitable bodies. Elected members serving as councillors are also eligible to join.
Teachers are not eligible to join the LGPS as they have their own pension arrangements. Likewise operational staff in Police Scotland and the Scottish Fire and Rescue service have their own pension schemes. Participating employers should advise their staff what pension scheme they can join or belong to.
Whilst day to day work is carried out by fully trained pension staff, overall responsibility for the North East Scotland Pension Funds has been delegated to the Pensions Committee.Find out more
Produced annually to keep members, employers and other stakeholders informed about the administration and performance of the North East Scotland Pension Funds.Find out more
Contributions received from employee and employers are invested by NESPF in order to meet long term costs. The Fund invests in a range of assets including equities, bonds and property in order to maximise returns whilst spreading investment risk.Find out more
Performance relating to key administration tasks declared in our Pension Administration Strategy and compliance with The Pension Regulator Code of Practice 14.View our performance
Whether retirement is in 5 years or 25 years, the main reason most of us pay into the pension scheme is to make life a little more comfortable at some point down the line.
Annual Pension Statements for 2021 are now available for members currently paying into the Fund.
Many of our members who pay Additional Voluntary Contributions (AVCs) through Prudential may have experienced recent delays in Prudential's service offering.
Now could present the perfect mid-point opportunity to have a quick pause for a finance refresh.