Benefits in the Scheme before 2014
The LGPS is a single scheme covering a wide variety of employers throughout England and Wales. There are a number of LGPS funds in England and Wales that are administered by bodies such as the Environment Agency, County Councils and other Local Authorities.
The Environment Agency Pension Fund (EAPF) is part of the Local Government Pension Scheme (LGPS) and offers pension benefits for employees of the:
- Environment Agency;
- National Rivers Authority, who have left employment or retired since 1989;
- Natural Resources Wales, who were employees of the Environment Agency Wales on 31 March 2013; and
- Shared Services Connected Limited, who were employees of the Environment Agency on 31 October 2013
This page gives you a brief overview of the EAPF and the key benefits of membership. For more detailed information, please browse the benefits section.
As a member of the EAPF, you have paid contributions into the LGPS. From 1 April 2014, the LGPS became a Career Average Revalued Earnings (CARE) Defined Benefit scheme; this means that your benefits are calculated on a yearly basis, which is based on the pensionable pay they receive for each year. Prior to 1 March 2014, the LGPS was a Final Salary Defined Benefit Scheme, meaning that members’ pensions were calculated according to their length of service in the LGPS and their final pay at the date of ceasing active membership of the scheme. For more information about your benefits in the LGPS before 1 April 2014 and what the changes mean, please download our Scheme guide and FAQs.
There are numerous benefits to being a deferred member of the LGPS, including: