Fire Pension Scheme
The Firefighters’ Pension Scheme is a tax approved, defined benefit occupational pension scheme. The arrangements under the Firefighters’ Pension Scheme 1992 (FPS 1992), the Firefighters’ Pension Scheme (Wales) 2007 (FPS 2007) and from 1 April 2015, the new Firefighters’ Pension Scheme (Wales) 2015 (FPS 2015) 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 Mid & West Wales Fire & Rescue Service and North Wales Fire & Rescue Service (referred to as the Fire & Rescue Service - FRS). 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 each Fire & Rescue Service (FRS) to ensure the accurate and timely flow of information in the administration of your pension record(s).
The website has been split between the FPS 1992, FPS 2007 and the new FPS 2015. 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.
Carmarthenshire County Council, as the administering authority of the Local Government Pension Scheme (LGPS) for the Dyfed Pension Fund and administrator of the Police and Firefighters’ Pension Schemes, use your personal data in accordance with Data Protection legislation to provide you with pension administration service. For more information about how we use your data, who we share it with and what rights you have to in relation to your information, you will need to refer to the Dyfed Pension Fund's Privacy Notice.
Annual Benefit Statements (ABS) 2023
This year's Annual Benefit Statement provides an estimate of your pension benefits built up in your current scheme membership to 31/03/2023.
On 1 April 2022, the Public Service Pensions and Judicial Offices Act 2022 (PSPJOA) came into force, and confirms that members will be returned to their final salary schemes for the period 1 April 2015 to 31 March 2022 in powers that will be enacted by 1 October 2023. This is known as the retrospective remedy.
We understand that it will be disappointing to members that the current values of this year's statement will not be able to reflect the return to the legacy scheme for the remedy period, however the secondary legislation required to do this will not be in force until 1 October 2023.
Because projections on your pension entitlement assume that your service in the 2015 scheme has been ongoing since 1 April 2015 or your relevant taper date, we have taken the decision to remove projections from this year's statement. You can find more information about removing age discrimination on the FPS Regulations and Guidance website.
North Wales Fire & Rescue Service