Active - pre 1 April 2014 pension

Pensionable pay

How does ‘pensionable pay’ affect my pension?

The pay we use to work out your pension benefits on membership before 1 April 2014 is usually your pay in your final year of scheme membership – or one of the previous two years if it’s higher.

If you work part-time when you leave the LGPS, your final pay is usually the full-time pay that you would have got if you’d worked full time. Your final pay will consist of normal salary plus any shift allowances, bonuses, contractual overtime and any other taxable benefit specified on your contract. But it won’t include any non-contractual overtime or any additional hours you worked on top of your contractual hours.

See pensionable pay in LGPS2014 for more information