The news area of the website will be regularly updated. This is to inform you of any local developments within the Cornwall Pension Fund and any updates in the Local Government Pension Scheme (LGPS) in 2026.
Access and Fairness Update
The Government has introduced changes to the Local Government Pension Scheme (LGPS) to improve fairness for all members. Most of these changes will take effect from 1 April 2026, with some improvements applied retrospectively.
We have created a short bulletin outlining what is changing and how these updates could affect you and your benefits.
Read the bulletin to find out about the changes
Public Service Pensions to Rise by 3.8% from April 2026
Public service pensions currently in payment will increase by 3.8% from 6 April 2026. This annual uprating is required by law and is based on the Consumer Prices Index (CPI) figure recorded up to September 2025.
Pensions that have been in payment for less than a year will receive a pro‑rata increase, reflecting the shorter period since they began.
Read the written statement on the UK Parliament website
Public Service Pension Revaluation Set for April 2026
Public service pensions built up under the Career Average Revalued Earnings (CARE) system are adjusted each year to keep their value in line with inflation.
Under the Public Service Pensions Act 2013, HM Treasury must confirm which measures of inflation and earnings will be used for this annual revaluation.
For the 2026 update, the inflation measure used is the Consumer Prices Index (CPI) figure recorded up to September 2025. This means CARE pensions that rely on a price based measure will increase by 3.8%.
The changes will take effect from 6 April 2026.
New LGPS Contribution Rates Set for April 2026
The contribution bands that determine how much members pay into the Local Government Pension Scheme (LGPS) are reviewed each year to keep pace with inflation. This annual adjustment helps ensure the scheme stays fair and affordable for all members.
From 1 April 2026, new contribution rates will come into effect. Members can view the updated bands on the LGPS Member website.
Visit the LGPS Member website to find out the new rates
New Member Self Service Portal Now Live
We have launched our new Member Self‑Service portal, giving members quicker and easier access to their pension information. All members—whether new or previously registered—will need to sign up for the updated system.
If you are joining for the first time, or if you used our old My Pension Online service, registering is simple: just select ‘Create an account’ and follow the on‑screen instructions.
You can find more information on the Member Self‑Service homepage, including a helpful registration tutorial. If you experience any issues, please contact the fund for support.