Each year that you pay into the LGPS, the increase in the value of your benefits is measured against the annual allowance. The annual allowance is the maximum amount that your pension can increase by in a year before you have to pay extra tax. The reduction in your pension due to a pension debit is ignored in the year that the Pension Sharing Order or qualifying agreement is applied to your benefits.
You can find out more about the annual allowance in the Tax section.