If you are paying into the local government pension scheme (LGPS) you will receive an Annual Pension Benefit Statement from the Avon Pension Fund during August.
It shows the pension you have built up to 31 March 2017 as well as a future projection of your benefits if you remain paying into the scheme to your Normal Pension Age (NPA). This is the age you would retire and take your benefits without any reduction to your pension.
The statements will be posted out to you from mid to late August.
Your statement will show how your pension is built up. This depends on when you joined the pension scheme. If you joined before 1 April 2014 your pension benefits will be made up of both Final Salary and Career Average Revalued Earnings (CARE) benefits (these are calculated separately and then added together). If you joined after 1 April 2014 it will just be made up of CARE benefits.
As your statement contains a lot of information the Avon Pension Fund has produced guidance notes and FAQs to help you. These are available from: www.avonpensionfund.org.uk/annual-pension-statement
It’s important that you check your statement. You must check that your pensionable pay is correct. If you believe there are inaccuracies then contact your employers’ payroll department to investigate (rather than the Avon Pension Fund).
If any other details are incorrect then contact the Avon Pension Fund by emailing them at firstname.lastname@example.org
For each post you hold there is a separate record on our system. Therefore you will receive a separate statement for each record you have with us. As the newsletter is also being sent with your statement, you may get more than one newsletter if you have multiple statements – please recycle this.
You can access your pension account and view your statement online at: www.avonpensionfund.org.uk/my-pension-online
Using my pension online you can:
- View your pension details
- View your statement
- Check your career history in the scheme
- Do your own pension estimates
- Submit online enquiries
- Update your details (contact details, expression of wish forms)