This is the minimum pension the LGPS must pay you if you were a member of the LGPS between 6 April 1978 and 5 April 1997.
It's worked out using the amount of State Earnings Related Pension Scheme (SERPS) benefits you would have earned if you hadn't been part of the LGPS between these dates.
Your GMP affects any yearly increases in your LGPS pension that we pay.
We are responsible for paying full pensions increases on both pre and post 88 GMP for members who reach state pension age between 6 April 2016 and 6 April 2021.
The position is as follows if you reached state pension age before 6 April 2016:
For example, if the pension increase is 3.1%, you have an LGPS annual pension of £6,000, and the Department of Work and Pensions (DWP, formerly DSS) has notified you that you have a total annual GMP of £600 (split £500 pre 88 and £100 post 88), we increase your pension as follows:
Your total new pension payable is: £500 + £103 + £5567.40 = £6170.40