Actuarial Valuation Report 2022
Submitted by Administrator on March 31, 2023 - 3:30pmThe Fund actuary, Mercer, has published its funding report after conducting the triennial valuation of the Fund as at 31 March 2022.
Deferred members can choose to draw their benefits at any time between the ages of 55 and 75.
The Fund has published its annual newsletter for LGPS pensioners, ‘The Honeypot’. This issue's leading article describes the 10.1% increase to local government pensions from 10 April 2023. A printed copy of this newsletter will be posted to pensioners very shortly.
The Government has confirmed that local government pensions will rise by 10.1% from 10 April 2023. Local government pensions are increased each year in line with the cost of living to maintain their spending power.
In early May, we will post a P60 certificate to everyone who received a pension in the Tax Year 2022/2023.