Most members will not see an increase in their pension because the pension they build up in the career average scheme is better than the pension they would have built up in the final salary scheme.
The underpin is more likely to mean an increase to your pension if:
- your pension is adjusted because you are taking it early and your State Pension age is older than 65
- you have a significant pay rise later in your career
- you transfer protected pension benefits to the LGPS from another public service pension scheme and your new pay is higher than the pay you were on when you left the other scheme
- when you leave the LGPS, you elect to use a three year average salary to work out your final pay. This would make an increase more likely only if the three year period ended before or during the remedy period.
Even if one or more of these applies to you, there is no guarantee that the underpin will mean an increase to your pension.