LGPS Calculator

Notes

• You can take the standard package, the maximum tax-free cash, or anything in between.
• This calculator uses the standard LGPS 'exchange rate' of 1:12 for swapping pension for lump-sum. In other words every £1 of pension you give up gets you £12 of lump-sum.
• This ignores any AVCs you may have.
• This form does not take account of any reductions that may apply due to early retirement before age 65 or any enhancements that may be awarded due to ill-health.
• This online calculator is only intended as an approximate indication of your pension benefits. You should not take any decisions based on these results.
• This calculator has been provide with the help of Greater Manchester Pension Fund whose assistance is gratefully acknowledged.