Annual Benefit Statements 2023
Each year, we provide you with an annual benefit statement showing the current value of your LGPS pension. The annual benefit statement is a useful tool to help you track your pension build-up.
We have issued all statements for deferred pension members and have begun issuing statements for those of you who are currently paying in. If you have more than one pension account, you will receive a separate statement for each.
If we have your email address, we will send you an email letting you know when your annual benefit statement is ready for you to view.
To view your statement:
- Login or register for ‘my pension online’ at: ms.buckinghamshire.gov.uk
- Once logged in, go to ‘documents’ to view your statement.
For more information about our online portal and the registration process visit our ‘my pension online’ webpage.
If you have any difficulties accessing ‘my pension online’, email [email protected]
If you have chosen to opt out of ‘my pension online’, your statement will be posted to you.
Reading your statement
To help you read your statement and get answers to your question as quickly as possible, we have designed guides for both active and deferred member statements. We highly recommend you read these as they may save you the trouble of contacting us.
If you have an active pension you are currently paying into, take a look a look at the annual benefit statement guide and FAQs.
If you’re no longer paying into the Scheme, take a look at the ‘your annual benefit statement’ webpage
If you have any further questions, or you need assistance with your LGPS pension, please do contact us.
Don’t forget to read your newsletter!
The Local Government Pension Scheme (LGPS) rules and regulations are set by the government. From time to time, things can change. To keep you updated, each year we produce two newsletters, one for deferred and one for active members. Links to both are provided below:
Over age 65?
If you are over age 65 and have not yet put your pension into payment, you may be eligible for late retirement increases. In previous year’s we have included late retirement increases on annual benefit statements; however, they haven’t been included this year.
This means that, for a small number of people, the annual pension may appear lower than the previous year. If you’re currently contributing to your pension and are between the ages of 65 and your normal pension age, you may find the projection of final salary benefits shown in section four may appear lower than in previous years.
Please be assured that your pension has not reduced in value. Any applicable late retirement increases will be applied when you retire. If you are close to retirement and you would like an estimate of late retirement increases to your prospective retirement age, please contact us and we will be happy to provide this to you.