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Nilgosc


Will Councillors' pensions increase?

The Scheme provides statutory pension increases. This means that if you retire on or after age 55, your pension will be increased each year in line with cost of living increases. If you retire before age 55, the accumulated effect of inflation since you retired will be added to your pension when you reach age 55 but no arrears are paid. Ill-health pensions are increased each year in line with inflation regardless of age, with the exception of some deferred members who have their pension brought into payment due to ill-health. These members will only receive pension increases before age 55 if an independent registered medical practitioner approved by NILGOSC certifies that the deferred member is permanently incapable of all work.