LGPS benefits are unaffected by stock market volatility
Although current news headlines about the turbulence in global stock markets are unsettling, they won’t affect your pension benefits.
Your benefits in the Local Government Pension Scheme (LGPS) are guaranteed under government legislation and are unaffected by volatility in global stock markets.
The calculation of pension benefits from the LGPS is based on salary and length of service.
LGPS members can be reassured that their contributions and pension benefits, whether in payment or built up to date, remain unaffected by the movements in financial markets.
Understand how pension benefits are worked out.