West Yorkshire Pension Fund
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Will my pension increase?

Your pension will keep pace with the cost of living if:

 

  • you are over 55 when you retire; or

  • you retire because of ill health

If you retire before the age of 55, your pension won't increase until your 55th birthday (unless you later become permanently unfit to do any work). When you become 55, we will bring your pension up to the level it would be if you had received all the increases from the date you retired.



How are the increases worked out?

The increases are the same as those given to people getting the State Pension, and they are set by the Government each April. Every March we'll send you a newsletter with full details of the increases.

If any of your pension comes from being a member of the Local Government Pension Scheme after 1978, when you become entitled to a State Pension, part of your West Yorkshire Pension Fund pension may be known as a 'contracted out deduction' (COD).

This used to be called the guaranteed minimum pension (GMP).

The state pays any increase to this part of your pension.

Don't worry, you still get the full increases you are entitled to.

 

 

 

 

 
 
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