How can I increase my pension?

You can pay more to top up your pension.

There are two ways you can currently increase your pension from the Scheme.

  • Buying extra pension
  • Paying Additional Voluntary Contribution (AVCs)

Don't forget you get tax relief on extra contributions which lowers their real cost to you.

There are limits on the amount of extra contributions you can pay. To find out more please contact us.

Please note

Under previous regulations there have been different ways to buy extra membership or pension.  You may have one of these arrangements in place and this will be honoured.  These previous options have now been closed and we can't accept any new applications. However, from 1st April 2014 there is a new means of buying extra pension and this is detailed below.

Find out about other ways you can boost your pension.

Buying extra pension

You can buy more pension, right up to a maximum of £6,755.

The extra pension you buy will be paid the same way as your retirement pension.

How much does it cost?

The cost to you will depend on a number of factors.

Here are some general examples, you can additionally use the online calculator developed by the Local Government Association (LGA) to get an idea of how much the purchase of additional pension might cost you.  This can be accessed via the following link:

LGA Additional Pension Calculator 

Your pension fund administering authority may require a satisfactory medical report to be submitted, at your cost, before your application is accepted. Where this is the case you will be notified of the process to be followed after submitting your application to pay APCs.

To find out more, please contact us

Pay Additional Voluntary Contributions (AVCs)

You can pay more contributions to our AVC schemes (sometimes called "in house" AVC schemes).

You choose how much to pay in AVCs and how they are invested. The money will come straight out of your pay and go to the AVC provider who will invest it for you.

What happens when I retire?

You can either use your AVCs to take a lump sum from the fund when you retire or you can buy an annuity.

If you are interested in paying AVCs please contact us for further information about our AVC providers. Alternatively, you can visit the dedicated local government AVC website/s by selecting the links in the right hand toolbar.

Buying survivor benefits for a co-habiting partner

Only membership in the Scheme from 6 April 1988 is used to provide survivor benefits for co-habiting partners.

If you have a partner who may receive benefits from the scheme it is possible to pay additional survivor benefit contributions (ASBCs) to extend the cover for them to include periods of membership you have before 6 April 1988.

If you decide to do this, then you will be providing a greater level of security to your partner. If you are interested in paying ASBCs please contact us.

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