Local Government Pension Scheme
Buying extra pension
You can buy extra pension, in addition to any benefits that you already have. You decide how much extra pension you want to buy, in £250 steps. So for example you can boost your pension by £250, £500, or £750 etc up to a maximum of £5,000.
When you draw your benefits, they will have been increased in line with inflation.
How to pay
You buy extra pension by paying an extra amount each month - and you choose exactly how many years you want to spread the cost over. Once you have signed up, the contributions come out of your pay automatically, and if you’re a tax payer, you will automatically get tax relief too.Working out the cost
The cost to you depends on a number of factors:-
How much extra pension you want to buy
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Your age when contributions begin
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Whether you are a man or a woman
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What period you want to spread the cost over
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Whether you want to buy extra pension for yourself only, or also for your dependants.
Find out more by reading our factsheet 'Buying Additional Pension'.