Councillors

The majority of the information contained in the deferred members area also applies to Councillors. However there are some differences which are outlined below.

How Your Pension is Calculated

There are different calculations for working out the value of your deferred pension depending on when you were a member of the scheme:

  • After 31 March 2015: You built up a pension worth 1/49th of your pensionable pay each year you were in the scheme (or 1/98th if you were in the 50/50 section)
  • Between 1 April 2009 and 31 March 2015: Your pension is calculated by dividing any length of membership you have between those dates by 60 and multiplying the resulting figure by your career average pay.
  • Before 1 April 2009: Your pension is calculated by dividing any length of membership you have falling before this date by 80 and multiplying the resulting figure by your career average pay over the period of your Local Government Pension Scheme (LGPS) membership.

The pension you build up during each or any of the above periods is calculated separately and added together to get your total pension.

 

What is Career Average Pay?

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

This site uses cookies to enhance your experience. By using our website you consent to our use of cookies.

Privacy policy