Latest LGPS News

• 2024/2025 contribution rates published

  Each April, the contribution rates table is updated to keep up with the cost of living. The table has now been updated for 2024/25.

  03 April 2024
  

• LGPS pensions to receive a 6.7% boost this April

  LGPS pensions are adjusted each year according to the CPI (Consumer Price Index) rate for the previous September. This year LGPS pensions will be increased by 6.7%.

  08 March 2024
  

• Changes to pension tax rules from 6 April 2024

  On 15 March 2023, the Chancellor unveiled the Spring Budget announcing changes to pension tax rules. The most significant of these changes was the abolition of the lifetime allowance from 6 April 2023.

  06 February 2024
  

• You must report an annual allowance tax charge by 31 January

  The Annual Allowance is the amount your pension benefits can increase over a ‘pension input period’ without incurring a tax charge.

  02 January 2024
  

• Discover the new and improved ‘my pension online’

  We’re pleased to announced that our free self-service portal, my pension online has had a makeover!

  21 December 2023
  

• LGPS underpin protection extended to more people

  On 1 October 2023 changes were made to the LGPS regulations to extend underpin protection to more people.

  19 December 2023
  

• Changes to late retirement increases

  Find out what increases will be paid if you leave your LGPS pension until after your Normal Pension Age (NPA).

  15 September 2023
  

• Pension Awareness week

  Pension awareness week is taking place between 11 to 15 September 2023. Find out how you can get involved.

  08 September 2023
  

• Annual Benefit Statements 2023

  Your annual benefit statement will soon be available for you to review.

  11 August 2023
  

• Early retirement reductions decrease

  New guidance introduced for taking an LGPS pension early.

  08 August 2023