Pension calculators

Details on what the Local Government Pension Scheme (LGPS) means to you can sometimes be difficult to understand. In this section you will find calculators and modellers to help you with this.

Pension account modeller

From 1 April 2014, the LGPS has been a career average revalued earnings (CARE) scheme. You build up pension based on your pensionable pay each year. The pension is added to your pension account, which is revalued every year on 1 April, in line with the cost of living, currently based on the Consumer Price Index (CPI).

You will have a separate pension account for each job in which you contribute to the LGPS.

This pension account modeller should help you understand how pension accounts build up from 1 April 2014.

Pension account modeller

Additional Pension Contributions (APC)

You may decide to pay Additional Pension Contributions (APCs) to buy extra pension or to make up lost pension due to an unpaid absence.

You can pay for APCs either regularly over a number of complete years or as a one-off lump sum. The maximum you can buy is £7,026 per annum. This figure will increase each year in line with the cost of living.

Use the APC Modeller below to:

  • obtain a quote,
  • to complete an application for an APC or Shared cost APC, which you should send to both your employer and Pension Services.

APC Modeller and application

For more information about APCs, see: Increase your pension benefits.

Additional Voluntary Contributions (AVC) for Hampshire members only

Disclaimer

This link is provided purely for your convenience. It does not imply that the pension fund endorses or supports this organisation, the information on their pages, or their products or services in any way.

LGPS 2014 contribution calculator

Find out how much your contributions in the LGPS will be. This will take into account tax relief and any National Insurance reductions you may be entitled to.

Contribution calculator