Croeso i wefan Cronfa Bensiwn Dyfed
Welcome to the Dyfed Pension Fund website


When you retire from the Local Government Pension Scheme (LGPS), you can look forward to receiving a pension for your lifetime, that will increase annually in line with the Consumer Price Index (CPI). You will also have the option to exchange some of your pension to receive tax free cash (subject to HMRC limits).

You have the flexibility to retire and draw your benefits from age 55 to 75, however, benefits can become payable on ill health grounds at any age.

Your Normal Pension Age (NPA) is linked to your State Pension Age (SPA), which means that any increase in your SPA will reflect in your NPA.

  • Early Retirement
  • Flexible Retirement
  • Ill Health Retirement

Please note

In order to qualify for benefits under the LGPS, you must have been a member of the scheme for at least 2 years or have transferred previous pension rights into the scheme.

If you choose to retire before your NPA, your pension benefits may be actuarially reduced to take account of early payment. Alternatively, if your benefits are paid later than your NPA, they will be actuarially increased to reflect late payment.

If you wish to retire from age 55 to 60, your Employer will have the discretion as to whether to apply any 85 Year Rule protection that may be applicable to your circumstances. For further information on the 85 Year Rule, please contact the Dyfed Pension Fund.

If your benefits become payable on the grounds of Redundancy or because of Business Efficiency, there will be NO actuarial reduction.