Latest LGPS News

• 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
  

• P60s and payslips to be issued this May

  2022/2023 P60s are now available on my pension online.

  18 May 2023
  

• 2023/2024 contribution rates published

  As an active member of the scheme, you will pay a set percentage of your pay towards your LGPS pension.

  14 April 2023
  

• Government announces pension tax changes

  On 15 March 2023, the Chancellor presented his Spring Budget to Parliament announcing substantial changes to pension tax rules from 6 April 2023

  21 March 2023
  

• LGPS pensions to increase by 10.1% in April

  Each April your LGPS pension is revalued to keep up with the cost of living. The revaluation rate is based on the previous September’s Consumer Price (CPI) Index rate.

  03 March 2023
  

• Are you saving enough for retirement?

  If you are wondering how much you might need to live on in retirement, you may find it helpful to take a look at the Retirement Living Standards.

  06 February 2023
  

• You must report an annual allowance tax charge by 31 January 2023

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

  06 January 2023
  

• August 2022 - Active member Annual Benefit Statements 2022

  Information about the Annual Benefit Statement

  18 August 2022