Lifetime allowance
Last edited: Sep 29, 2026
Published: Apr 23, 2026
Guidance on the calculation of the capital value of a member’s LGPS benefits in order to compare the capital value against the member’s lifetime allowance and to make adjustments where relevant. The lifetime allowance was abolished from 6 April 2024.
| Dated | Operative date | Document(s) | Extant? |
|---|---|---|---|
| 27 July 2023 | 28 July 2023 | Factor spreadsheet version 2023-04 Covering letter | No |
| 18 February 2019 | 1 April 2019 | Covering letter Guidance | No |
| 16 April 2016 | 29 April 2016 | Guidance Covering letter | No |
| August 2015 | N/A | Guidance | No |
| 31 March 2014 | 1 April 2014 | Guidance Covering letter | No |