LGPS ready reckoner for members

(20/04/07) Following the recent proposed changes to the Local Government Pension Scheme, UNISON, in conjunction with our advisors, has developed a ready reckoner for use by members.

The aim of this reckoner is to allow members to compare their pension benefit entitlements before and after the changes, using scenarios tailored specifically to each member.

The modeller is intended to act as a guide to members for illustrative purposes only.

Members should always seek independent financial advice before making any financial decisions relating to their Local Government Pension Scheme pension benefits.

You can download the ready reckoner here along with all the explanatory notes.

Basic guide to using the reckoner - Acrobat file (PDF)
Full guide to using the reckoner - Acrobat file (PDF)
Changes to early retirement factors - Acrobat file (PDF)
New scheme comparison reckoner - Excel file (XLS)
(right click on mouse and choose file download)

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