Salary Sacrifice - Car Lease

The Impact of Car Salary Sacrifice on your LGPS Benefits

Under a Car Salary Sacrifice scheme, you as an employee, and a
member of the Local Government Pension Scheme (LGPS), have
the opportunity to lease a car through your employer, in exchange
for reducing your entitlement to cash pay.

There are advantages to using this scheme, as you will pay less tax
and National Insurance contributions as a result of earning less in
take home pay.

There are considerations to take into account however, when it
comes to thinking about your LGPS pension benefits.

This factsheet provides further details.