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# LGPS Calculator

Forumite Posts: 37
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Hi,

My employer still doesn’t have an online portal and we are still waiting for our annual statements to arrive by post. Is there an online calculator that specialises in LGPS that I can play around with?

thanks

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Maria2512 said:
My employer still doesn’t have an online portal and we are still waiting for our annual statements to arrive by post. Is there an online calculator that specialises in LGPS that I can play around with?
Assuming you've got (a) last year's ABS and (b) payslips covering 1/4/22-31/3/23 (or more basically: your total pensionable pay for that period), should be fairly straightforward. Do you have other things relevant (e.g. an old ARC)...?
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If all in 2015 scheme. Take you last statement balance multiply by 1.031 (inflation in September 2021 was 3.1%) and add 1/49th of you pensionable pay for 22/23.
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MX5huggy said:
If all in 2015 scheme. Take you last statement balance multiply by 1.031 (inflation in September 2021 was 3.1%) and add 1/49th of you pensionable pay for 22/23.
Started in 2000. Ok will try that. Ta.

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MX5huggy said:
If all in 2015 scheme. Take you last statement balance multiply by 1.031 (inflation in September 2021 was 3.1%) and add 1/49th of you pensionable pay for 22/23.
hyubh said:
Maria2512 said:
My employer still doesn’t have an online portal and we are still waiting for our annual statements to arrive by post. Is there an online calculator that specialises in LGPS that I can play around with?
Assuming you've got (a) last year's ABS and (b) payslips covering 1/4/22-31/3/23 (or more basically: your total pensionable pay for that period), should be fairly straightforward. Do you have other things relevant (e.g. an old ARC)...?
hyubh said:
Maria2512 said:
My employer still doesn’t have an online portal and we are still waiting for our annual statements to arrive by post. Is there an online calculator that specialises in LGPS that I can play around with?
Assuming you've got (a) last year's ABS and (b) payslips covering 1/4/22-31/3/23 (or more basically: your total pensionable pay for that period), should be fairly straightforward. Do you have other things relevant (e.g. an old ARC)...?
Nothing else
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Maria2512 said:
MX5huggy said:
If all in 2015 scheme. Take you last statement balance multiply by 1.031 (inflation in September 2021 was 3.1%) and add 1/49th of you pensionable pay for 22/23.
Started in 2000.
You need the split between pre-April 2014 pension and the rest. For the latter: take the value from last year's ABS, add 1/49 your pensionable pay from 1/4/22-31/3/23 inclusive, then multiply the total by 1.101 (revaluation occurred on 1 April, using the previous September's CPI figure). For your pre-April 2014 pension, take the figure from 2012, then multiply by your whole time equivalent pay on 1/4/23 divided by your whole time equivalent pay on 1/4/22.
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MX5huggy said:
If all in 2015 scheme. Take you last statement balance multiply by 1.031 (inflation in September 2021 was 3.1%)
That would be last year's revaluation though...?
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edited 11 September at 10:06PM
hyubh said:
MX5huggy said:
If all in 2015 scheme. Take you last statement balance multiply by 1.031 (inflation in September 2021 was 3.1%)
That would be last year's revaluation though...?
That would be the one that appears on the 2023 statement though.

I think the 1 April 2023 increase is a day after the 2023 statement runs to.

You could then add 10.1% to the total at 31 March 2023 but that's slightly more upto date than the latest statement would probably be.
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The revaluation has been moved to 6th April, Statement Date is March 31st.

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