Shropshire County Pension fund

Taking care of your Local Government Pension in Shropshire

Thinking of Retiring in the 1992 Scheme

When can I retire?

An ordinary pension is payable to a firefighter at age 50 or over with at least 25 years’ service. A short service pension is payable at age 55 or over to members with less than 25 years’ service but more than 2 years’ service.

Ill-Health Retirement

A firefighter, with at least two years’ service, can qualify for an ill-health pension. Before deciding to make such an award, the authority will seek the opinion of an Independent Qualified Medical Practitioner.

There are two tiers of an ill-health award. If you have at least 2, but less than 5 years, of pensionable service you would be entitled to a lower tier ill-health pension. To qualify for a lower tier pension you must be considered to be permanently disabled for the performance of the duties of your role.

A higher tier can be awarded if you have been a member for at least 5 years and are considered to be permanently disabled for the performance of the duties of your role and you are not capable of undertaking regular employment. Regular employment is defined in this context as employment for at least 30 hours a week on average for over a period of not less than 12 consecutive months.

 Lump sum payment

Upon your retirement it is possible to have a lump sum as well as a pension and you can provide one through ‘commutation’. You can commute as much or as little as you like, provided that you do not exceed the limits set out in the FPS rules.

Please be aware that HM Revenue and Customs limit the amount of lump sum which you can receive tax free.

 When Are Pensions Paid

Pensions are paid on the 29th of every month unless that falls on a bank holiday or weekend, when it will be paid on the previous working day closest to the 29th.

 Pension Increases

Your pension will be adjusted each year in line with the cost of living index (CPI) which is based on CPI as at September the previous year. We will inform you each April if there is an increase, what the increase is, when it is applied from and your new pension payable for that year. Any increases will not apply until age 55.