YOUR STATE PENSION
In addition to your LGPS benefits, you may also qualify for a state retirement pension paid by the Government from State Pension Age. The State Pension is based on the National Insurance contributions you pay, or are given as credits, during your working life.
The Additional State Pension, also known as the State Earnings Related Pension Scheme (SERPS) or State Second Pension (S2P), is the part of your state pension that depends on your earnings since April 1978. LGPS members are contracted out of the Additional State Pension and most pay lower national insurance contributions as a result.
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Currently, State Pension Age for men and women is set to rise to age 66 by 2026, to age 67 by 2036 and to age 68 by 2046. The Coalition Government has announced it is going to review whether the date at which State Pension Age will increase from age 65 to age 66 should be brought forward
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