There are different calculations for working out the value of your deferred pension depending on when you were a member of the scheme:
The pension you build up during each or any of the above periods is calculated separately and added together to get your total pension.
Career Average Pay is the average pay you received over your LGPS membership. In calculating your average pay, the pay you received each year while in the pension scheme is revalued so it keeps up with the cost of living. Your revalued pay for each year is added together with the total divided by your membership to get your Career Average Pay. This figure is then used to work out your benefits in the old career average scheme up to 31 March 2015
Information about coronavirus and it's effect on the Fund.
An update on the results of moving pension statements online.
The Fund’s Annual Report and Accounts for 2019/20 are now available to view.
The Fund has expanded on its renewable energy investments by investing in BlackRock’s Global Renewable Power III fund.