How does it affect my State Retirement Pension?
Printer-friendly versionIn 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 which are given as credits, during your working life.
Until 5 April 2016, an Additional State Pension, also known as the State Earnings Related Pension Scheme (SERPS) or State Second Pension (S2P) , was the part of your state pension that depended on your earnings from April 1978. Until 6 April 2016 LGPS members were contracted out of the Additional State Pension and most paid lower national insurance contributions as a result.
- State Pension Age is currently age 65 for men.
- State Pension Age for women is currently being increased to be equalised with that for men and will reach 65 by November 2018.
State pension age equalisation timetable for women
| Date of Birth | New State Pension Age |
| Before 6 April 1950 | 60 |
| 6 April 1950 - 5 April 1951 | In the range 60-61 |
| 6 April 1951 - 5 April 1952 | In the range 61-62 |
| 6 April 1952 - 5 April 1953 | In the range 62-63 |
| 6 April 1953 - 5 August 1953 | In the range 63-64 |
| 6 August 1953 - 5 December 1953 | In the range 64-65 |
The State Pension Age will then increase to 66 for both men and women from December 2018 to October 2020.
| Date of Birth | New State Pension Age |
| 6 December 1953 - 5 October 1954 | In the range 65-66 |
| After 5 October 1954 | 66 |
| 6 August 1953 - 5 December 1953 | In the range 64-65 |
Under current legislation the State Pension Age is due to rise to 67 between 2034 and 2036 and to 68 between 2044 and 2046.
However the government has announced plans to revise the legislation so that the date when the State Pension Age rises to 67 is between 2026 and 2028 and that rises above age 67 will be linked to increases in life expectancy.