Skip to content

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

Will my pension account increase?

This news article was published on 04 Nov 2021

Every 1 April that you are paying into the LGPS your pension account is adjusted to take into account the cost of living. The amount in your pension account could reduce if the cost of living falls.

The cost of living adjustments for each Scheme year since the LGPS career average scheme was introduced in 2014 are:

  • 1 April 2015: 1.2%
  • 1 April 2016: -0.1%
  • 1 April 2017: 1.0%
  • 1 April 2018: 3.0%
  • 1 April 2019: 2.4%
  • 1 April 2020: 1.7%
  • 1 April 2021: 0.5%
  • 1 April 2022: 3.1%

See How your pension is worked out for more information.


Was this page helpful?