Shetland Islands Council Pension Fund is part of the national Local Government Pension Scheme (LGPS).
If you join the LGPS and stay in for at least 2 years, you become a member and you will get pension benefits paid to you when you retire.
Pension scheme members include people who work for:
- Shetland Islands Council
- Orkney & Shetland Valuation Joint Board
- Other employers within Shetland who have applied for admitted body status to the LGPS
- And Councillors
The LGPS is a statutory scheme. This means that it is very secure because the amount members are paid in retirement is defined and set out in law.
Teachers have their own pension scheme and are not part of Shetland Islands Council Pension Fund.