GMP equalisation
‘GMP equalisation’ is the name for the action pension schemes are taking to make any changes needed to member benefits due to unequal Guaranteed Minimum Pensions (GMPs).
A High Court ruling in 2018 addressed how pension schemes should adjust member benefits to deal with different treatment between men and women for GMPs built up between 17 May 1990 and 5 April 1997.
We are currently deciding what this means for pensions in payment and will be contacting any member who is affected.
For RIGPSSALPS members, this is likely to be from Autumn 2023 onwardsfrom Autumn 2022 onwards.
Select the other tabs in this section for more information about the current position.