PAW 23- Day 1

Page 1

PENSION AWARENESS WEEK DAY 1 – WILTSHIRE PENSION FUND, NICE TO MEET YOU!

Did you know you are part of one of the most generous workplace pension schemes? Your LGPS pension not only provides you with a secure income in retirement but also peace of mind for your loved ones.

179 Number of employers in the Fund

We currently have >85,000 MEMBERS

£3.1bn Current value of the Fund

https://www.wiltshirepensionfund.org.uk/

For any questions, please contact us on our website

Full State Pension 2022/23 is only £10,600 PER YEAR

Provides a SECURE INCOME FOR LIFE

which is increased in line with inflation each year

TAX RELIEF on the contributions that you pay

HOW YOUR PENSION IS FUNDED*

So for every £1 you put in, your employer puts in £2 and the investments contribute £2

*Based on averages

Flexibility to pay more or less contributions

FLEXIBLE

RETIREMENT

Option of taking some of your pension if you reduce your working hours or move to a less senior position*

* subject to employer consent

THE 50/50 SECTION

means you can pay half your normal contributions in return for half your normal pension helping members stay in the LGPS if things become financially tough

20%
40%
40%
BY YOU
BY YOUR EMPLOYER
BY INVESTMENT RETURNS

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