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For members of the Local Government Pension Scheme in England and Wales

News


This news article was published on 16 Oct 2024

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...


This news article was published on 16 Oct 2024

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...


This news article was published on 09 Sep 2024

9 to 13 September 2024 is Pensions Awareness Week. This is a great opportunity to think about how much income you will need in retirement. Your LGPS pension could play a big part in reaching your goals. Finding out more about how your LGPS pension works will help you to...


This news article was published on 27 Aug 2024

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...


This news article was published on 24 Jun 2024

The lifetime allowance used to limit the amount of pension you could build up in UK pension schemes before you had to pay extra tax. From 6 April 2024, the lifetime allowance is no longer in force. What has replaced it? Two lump sum limits were introduced from 6 April...