Your annual benefit statement

To assist you in your retirement planning, each year we will issue you with an Annual Benefit Statement by 31 August.

The Annual Benefit Statement provides you with an estimate of:

• your pension build-up for the previous tax year (1 April to 31 March)
• the current value of your pension benefits at 31 March
• an estimate of your pension benefits if you continue to pay into your LGPS pension at the same rate until your Normal Pension Age
• an estimate of the death in service grant.

Your statement will be uploaded to My Pension Online. If we have your email address, we will message you to let you know when it is ready for you to view.

Along with your Annual Benefit Statement, we will also issue you with:

• the Annual Benefit Statement guide and FAQs for active members - the guide has been designed to help you read your Annual Benefit Statement and the FAQs answer the most common questions we receive
• your annual newsletter for active members  - the newsletter provides you with the latest news and updates that may be of interest to you as an LGPS scheme member

View the latest Active member newsletter 2023

Once logged into My Pension Online, you can view these documents in ‘newsletters and information’ on the ‘documents’ tab.

If you want to opt out of My Pension Online you must confirm this to us in writing. If you do this, we will send your Annual Benefit Statement and accompanying documents in the post.

If you have more than one LGPS pension account, you will receive a statement for each. The payroll number will help you identify which account the statement is for.

If you have a pension account that you no longer pay into, find more information here: The deferred Annual Benefit Statement (ABS)

If you paid towards a lost pension APC, or an extra pension APC over the previous tax year, these will be included on your Annual Benefit Statement, as will any added years or part time buy backs you have purchased.

If you have paid Additional Voluntary Contributions (AVCs), you will receive a separate Annual Statement from your chosen provider.

If you have any queries about your Annual Benefit Statement, you can contact the The Pensions and Investments team.

However, we recommend that before you contact us, you read the Guide and FAQs. We do receive a high volume of queries when we issue Annual Benefit Statements, and your question may be answered in the FAQs which will save you time.

You employer is responsible for providing us with your personal details and the pay information we need to calculate your pension benefits and issue your Annual Benefit Statement. It is really important that when you receive your Statement you check the information displayed is correct. If you believe any of the details on your statement are incorrect, you should contact your employer in the first instance.