Annual Allowance

As a member of a Fire Pension Scheme you are benefiting from tax relief on the pension savings you build up each year. However, the Government sets a limit on how much tax relief you may have and this is known as the Annual Allowance (AA).

Please see the factsheets below for further information. (Please note that if you have the maximum 30 years service then please contact us directly to request a calculation).

Lifetime Allowance

The maximum value of pension benefits that an individual may build up over their lifetime without incurring a tax charge is known as the Lifetime Allowance (LTA).