{"id":233,"date":"2018-07-12T08:43:13","date_gmt":"2018-07-12T08:43:13","guid":{"rendered":"http:\/\/pensions.cardiffcouncilwebteam.co.uk\/?page_id=233"},"modified":"2019-01-31T13:08:44","modified_gmt":"2019-01-31T13:08:44","slug":"members-as-at-31-03-2014","status":"publish","type":"page","link":"https:\/\/www.cardiffandvalepensionfund.org.uk\/members\/members-as-at-31-03-2014\/","title":{"rendered":"Members as at 31\/03\/2014"},"content":{"rendered":"

[vc_row][vc_column width=”1\/1″][vc_column_text]<\/p>\n

Members as at 31\/03\/2014<\/h1>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row top_padding=”45″ row_id=”ulcontent”][vc_column width=”2\/3″][vc_column_text]The new\u00a0Local Government Pension Scheme (LGPS) 2014<\/strong> <\/i><\/a> was introduced on\u00a01 April 2014<\/strong>. If you were an active member of the 2008 Scheme as at 31 March 2014, you will have transferred automatically to the LGPS 2014 on 1 April 2014.<\/p>\n

The pension benefits you built up under the final salary arrangement up to 31 March 2014, are protected under the 2008 regulations.\u00a0These benefits will continue to be calculated using your full time equivalent pensionable pay when you retire (under the 2008 definition of pensionable pay).<\/p>\n

Further Protection<\/h3>\n

You will also have further protection, if:<\/p>\n