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Frequently Asked Questions

Hot air balloons pictured at the Royal County of Berkshire Show

What will happen to my pension benefits under the new scheme?

All benefits built up before 1st April 2008 will continue to provide a pension based on 1/80th of your final years' pay for each year and part year of membership. In addition you will still be entitled to a tax free lump sum normally equal to 3 times the value of your 1/80ths pension. All benefits built up from 1st April 2008 will provide a pension at the higher rate of 1/60th of your final pay for each year and part year of membership without an automatic entitlement to a tax-free lump sum. You can, however, choose, at retirement, to convert part of your pension into additional tax-free cash at a rate of 12 to 1 up to HM Revenue & Customs limits i.e. for every £1 of pension you give up you will receive £12 of tax-free cash.


  1. What will happen to my pension benefits under the new scheme?
  2. Why are changes being made to the LGPS?
  3. Do I need to do anything on 1st April?
  4. How do I join the pension scheme?
  5. What will I pay?
  6. Can I increase my benefits?
  7. What happens if my original contract is less than 3 months but is extended to 3 months or more?
  8. What about buying added years?
  9. How does my Continuous Service date effect my Pension?
  10. I have heard that the ill-health retirement benefits are changing
  11. I have heard that the death in service benefit is increasing
  12. I have heard that co-habiting partners are entitled to benefits
  13. What should I do if I do not think the contribution rate I am paying is correct?
  14. When will I know what contribution rate I will pay?
  15. If I have more than 1 job, do I have to join the scheme for all jobs?
  16. I have more than 1 job. What rate will I pay?
  17. I work term time only, how will you determine my contribution rate?
  18. I work on a variable time contract, how will you determine my contribution rate?
  19. I am currently paying the protected 5% contribution rate. What will I pay from April?
  20. What is pensionable pay?
  21. What happens if my pay changes during the year?
  22. I have heard the 85 year rule is going

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This document was last modified on 2008-09-03 by Joanne Brazier.
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