ANNOUNCEMENT

Increases to your pension from April 2025

Each April your local government pension is increased to ensure that it maintains its spending power in line with the rise in the cost of living. From 7 April 2025, local government pensions will increase by 1.7%. This increase is in line with September 2024’s adjustment in the Consumer Price Index (CPI). April’s pension payment will be a combination of two different annual rates. The first is the current rate that applies from the 1st of the month to the 6th; the second is the increased rate that applies from the 7th to the 30th. The full 1.7% pension increase will be applied in May’s pension payment. Any pension which has been in payment for less than a year will be increased by a proportionate amount depending on the number of months it has been in payment. Lewisham Pension Fund is bound by the provisions of annual Review Orders issued by HM Treasury and has no discretion in applying your pension increase.

ANNOUNCEMENT

The McCloud Remedy

The LGPS rules changed from 1 October 2023. When public service pension schemes changed from final salary schemes to career average schemes in 2014 and 2015, older members were protected from the changes. The 2023 changes are called the McCloud remedy. They remove the age discrimination found in the McCloud court case. Now younger members may also benefit from these protections. Follow the link to find out if you are affected.

McCloud Remedy

ANNOUNCEMENT

Increases to members Earliest Retirement Age

The earliest retirement age is currently age 55. Please be aware this is increasing to age 57 from 1st April 2028. We do not have any further information regarding this change at this time but will announce further details when information becomes available.

Retirement

ANNOUNCEMENT

Nominating Beneficiaries

We would like to remind all members to ensure they have nominated beneficiaries for any Death grant payments, and ensure their nominations are up to date. A form is available for you to download and complete if you would like to update your listed beneficiaries.

Opens in new window Expression of Wishes Form (Death Grant Nomination Form)

ANNOUNCEMENT

Member Self-Service Announcement

Please note that our new member self-service portal is now available for active and deferred members.

Opens in new window My Pension - Member Self-Service Portal

ANNOUNCEMENT

Beware of pension scams

Should you decide to transfer your benefits you should be aware of potential pension scams. Educating yourself and remaining vigilant are key to minimising the risk posed by pension scams.

Avoiding pension scams

Managing your pension

Increase my pension

You can pay more to top up your pension. Find out more here.

Explore

Leave the scheme

If you have left the LGPS and are joining another scheme you may wish to consider transferring your LGPS benefits to it. Click to find out more.

Explore

Register a death

When you die, it is important that the Fund is made aware as soon as possible. Find out more here.

Explore

Change my details

If your personal circumstances change, you will need to notify us. Click here for further details.

Explore

Visit our 'Help & support' section for answers to a variety of frequently asked questions.

Help & support