Information for members of the LGPS and those with police, firefighter, teacher and NHS pensions

How were my benefits calculated?

Benefit calculations for your pension and lump sum.

The calculation of your benefits can be different depending on when you built up the benefits, so your pension could be calculated using up to three different calculations and if you had membership before 1 April 2008, you will also get an automatic lump sum.

When you retire, you can elect to give up some of your pension to provide a lump sum or increase your automatic lump sum.

Your pension is calculated as follows:

  • 1/49* x your pensionable pay paid in each year from 1 April 2014 (with relevant increases)
    *or 1/98 if you elected to join 50/50 Section


  • 1/60 x your membership between 1 April 2008 and 31 March 2014 x your final pay


  • 1/80 x your membership before 1 April 2008 x final pay

Your lump sum is calculated as:

  • 3/80 x your membership before 1 April 2008 x final pay

Your final pay is usually the pensionable pay you earn in your final year or either of the previous two years if they are higher.

You may also be able to elect for a higher final pay if you have had a reduction or restriction in your pay in the last 10 years up to your date of leaving.

Where applicable, the Pensions team will provide you with more details when you leave.

Additional information

If you are considering re-employment or have been re-employed following retirement, your pension may be suspended or reduced (abated), depending on your new salary.

Last updated:
9 July 2018

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