Police Pension Scheme
The Police Pension Scheme is a tax approved, defined benefit occupational pension scheme. The arrangements under the Police Pension Scheme 1987 (1987 Scheme), the Police Pension Scheme 2006 (2006 Scheme) and from 1 April 2015, the new Police Pension Scheme 2015 (2015 Scheme) offer a range of benefits that provide financial security both in the time up to retirement and beyond.
The administration of these Schemes is undertaken by Carmarthenshire County Council on behalf of Dyfed-Powys Police (the Police Force). The Council is responsible for the maintenance of this site and is involved in every stage of your membership. This means that we work closely with the Police Force to ensure the accurate and timely flow of information in the administration of your pension record(s). However, once you have retired, the payment of your pension benefits will then be administered by the Police Force.
You will note that the website has been split between the 1987 Scheme, the 2006 Scheme and the new 2015 Scheme and you will therefore need to refer to the appropriate section in order to find out more about your scheme.
These Schemes are very secure because the benefits are set out in law and regulated by Parliament, plus there is no link to the Open-market, unlike with any defined contribution scheme.