The latest version of the Local Government Pension Scheme - LGPS 2015 - starts today.

From 1 April 2015:

  • Your pension will build up at 1/49th of your pensionable pay each year.
  • Your pension account will receive an inflation increase at the end of each year.
  • Your normal pension age will be your State Pension Age (or 65 if later).

All of your existing rights are protected:

  • Your pension earned up to 31st March 2015 at 1/60th, or 1/80th plus a lump sum of 3/80th is protected. It will be worked out on your final pay when you retire and on a normal pension age of 65.
  • You will still be able to retire at age 60, benefit from the rule of 85 and swap pension for tax free cash.

More information:

You can view a video and find out more about LGPS 2015 at

If you ever feel that we can help you to make the most out of your pension scheme, please do not hesitate to contact us.