Your benefits are worked out when you leave the fund, based on how long you have been a member and your pay when you leave.
They are then held in the fund where they increase in value every year in line with the cost of living, until they start to be paid. These benefits are often known as deferred benefits. Find out more about how your deferred benefits are worked out when you leave.
Each year we will send you a statement showing the up to date value of your deferred benefits.
What happens if I re-join the LGPS at a later date?
If you re-join the LGPS you will begin to build up membership towards a new set of benefits, in addition to your existing deferred benefits.
You will usually have the option of keeping these two sets of benefits separate or joining them together to form just one set of benefits. You normally only have 12 months from the date you re-join to choose to link your deferred membership to your new membership, so you should ask your new employer about this as soon as possible.