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The lump sum you get when you retire is tax-free*.
*(Please note - if your employer has awarded you Compensatory Added Years the lump sum arising from those added years could be liable to a tax charge)
Before making any decisions about your lump sum consider taking financial advice.
More information
A Guide to the Local Government Pension Scheme has full details of the LGPS. If you would rather receive a copy by post, contact us.
The Fund is one of the largest local authority pension funds in the UK.