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

How will my pension be calculated?

How your LGPS pension is worked out.

The Local Government Pension Scheme (LGPS) is a career average revalued earnings (CARE) scheme. This means that the pension you get is based on your annual salary for each year you are a member of the LGPS.

It is calculated using the formula:

  • pensionable pay paid in each scheme year (1 April to 31 March)/49 (or divided by 98 if you elected to join the 50/50 section)

Your CARE pension is revalued each year by Treasury Orders which are in line with the Consumer Price Index (CPI).

If you paid into the scheme before 1 April 2014, your benefits before that date will provide final salary benefits which will provide a pension of:

  • service 80ths (membership to 31 March 2008) x 1/80 rate x Final pay


  • service 60th (membership from 1 April 2008 to 31 March 2014) x 1/60 rate x Final pay

plus a lump sum of:

  • service 80ths (membership to 31 March 2008)x 1/80 rate x final pay

Pension Modeller

The Pension Account Modeller:

  • helps you understand how pension accounts work
  • shows how a pension builds up from April 2014
  • allows you to input pensionable pay details, assumed inflation and assumed pay increases to see how the value of an LGPS pension builds over the number of years you choose.

The Pension Account Modeller does not take into account any State Pension or any other pension arrangements that you may have. You will need to take these into account when calculating your total retirement income.

The Pension Account Modeller is designed for information purposes only. It should not be taken to be guaranteed income at your retirement date.

If you have concerns or want more information about your retirement benefits, we recommend that you seek independent advice by searching for a financial adviser in your area.

Last updated:
9 July 2018

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