Local Government Pension Scheme

Pension Credit provides extra income for people over State Pension Age on lower incomes. It is estimated that up to 880,000 pensioners are missing out on Pension Credit because they think it isn’t meant for them. Pension Credit can be worth up to £3,900 a year and you may be eligible even...

The Chancellor delivered the new Government’s first Budget on Wednesday 30 October 2024. Before the Budget, there had been rumours that it would include changes to pension tax relief, reduce the amount of tax-free cash available on retirement or introduce employer national insurance on pension contributions. None of these changes...

If you are on strike, your LGPS pension will be affected. Your LGPS pension is based on your pay, and your pay will reduce if you are on strike. You can pay extra contributions to buy back the pension you ‘lose’. Read the Strike action and your pension FAQs to...

Active pension accounts, deferred pensions and pensions in payment are adjusted each April in line with the cost of living. The increase is based on the September to September change in the Consumer Prices Index (CPI). The CPI increase for the year up to September 2024 was 1.7%. This means...

Are you thinking about taking a lump sum when you retire? Use the Lump sum calculator to see how your pension is affected if you swap some of it for a lump sum. You can now use this calculator if you want to take all or part of your AVC...