Whether you’re new to the Local Government Pension Scheme (LGPS) or you've been paying in for a number of years, understanding how we work out your pension can be complicated.
Changes to the LGPS in 2008 and 2014 mean that if you joined the scheme before 2008, you’ll have membership in the scheme under 3 different sets of rules.
When you draw your pension, our job is to make sure that you get the right amount based on when you’ve been a member of the scheme.
We send you a statement each year so you can see how your pension is building. It’s important that you check your statement when you get it and let us know if you think something is missing.
We break down your membership into three different blocks.
- Membership from 1 April 2014
- Membership between 1 April 2008 and 31 March 2014
- Membership before 1 April 2008
Your pension for each period is worked out using different rules.
Before 1 April 2014
For your membership before 1 April 2014 your pension is worked using your final salary (what you would be on if you worked full time, but not including non-contractual overtime, or additional hours). You get 1/80 of your final salary for each year to 31 March 2008 and 1/60 for each year between 1 April 2008 and 31 March 2014.
If you were part-time you’ll get a proportion of each year based on the amount you worked.
Also for each year to 31 March 2008 only, you get a lump sum of 3/80 of your final pay.
As for your pension, if you were part-time you’ll get a proportion of each year based on the amount you worked.
From 1 April 2014
For your membership from 1 April 2014 your pension is worked out based on 1/49 of your actual pay in each year.
We’ve included more information and some examples in the guide attached to this page.
The national LGPS member website has more information about how your pension is worked out.
Video: How your pension works
This video explains how your pension accounts work and what you’ll get paid. If you leave the LGPS before you take your pension, you’ll either become a deferred member, or be offered a transfer or refund. For subtitles select ‘CC’ (closed captions).
Links to useful documents