News
Maximising Additional Voluntary Contributions (AVCs) for 2021-22
9 November 2021
With the tax year end fast approaching many members look to maximise their AVCs under the TfL Pension Fund. The maximum you can pay in AVCs to the Fund is 15 per cent of gross earnings less your standard Pension Fund contributions. If you are considering maximising your AVCs before the tax year end you […]
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April 2022 Pension Increase
4 November 2021
Pensions from the TfL Pension Fund increase in April 2022. This is based on the rise in the Retail Price Index over the 12 months to September 2021 which was 4.9 per cent. Depending on the period of membership of the TfL Pension Fund, your pension may comprise of various components, some of which are […]
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Annual Members' Meeting October 2021
4 November 2021
Watch the Annual Members' Meeting online. This year's TfL Pension Fund Annual Members' Meeting (AMM) can be seen online. If you missed this you can catch up with it here.
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Our Carbon Journey - Net Zero by 2045
1 October 2021
The Trustees have today announced their ambitious Net Zero Plan which would see the Fund achieve a 55% reduction in its carbon emissions by 2030 at the latest and a 100% reduction no later than 2045 vs the 2016 baseline. This net zero carbon strategy is without doubt the single most important development in the […]
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TFL's Pension Review
21 September 2021
As you may know, TfL is required to carry out a review of its pension arrangements under its funding agreement with the Government. The review is being independently led and facilitated by Sir Brendan Barber (who will be joined by Joanne Segars OBE). The review process has now started and will be completed by 31 […]
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Annual Members' Meeting 2021
9 September 2021
You are invited to the Annual Members' Meeting As a result of the pandemic the Trustees have decided that the 2021 Annual Members' Meeting due to take place on Friday 8 October at 11:00 will be held as a virtual meeting. The meeting is open to all Fund members; contributing members, members in receipt of a […]
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2021 Pension Benefits Statements
6 July 2021
Annual Benefit Statements for Active members are being issued this week; for Deferred members we expect to be issuing statements in September. We have taken the opportunity to revamp the statement to include a checklist of suggested actions which we hope you find useful and a preview of this can be found at the link […]
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2021 Nominations for TfL Pension Consultative Council
29 June 2021
Nominations are being sought for TfL Pension Fund members to stand for election on the TfL Pension Consultative Council (PCC) The council is made up of three sections representing Fund members: The PCC meets at least four times a year to discuss the administration of the Pension Fund, picking up issues of concern to Fund […]
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April 2021 pension increase
5 January 2021
Pensions from the TfL Pension Fund increase in April 2021. This is based on the rise in the Retail Price Index over the 12 months to September 2020 which was 1.1 per cent. Depending on the period of membership of the TfL Pension Fund, your pension may comprise of various components, some of which are […]
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PCC election results 2020
5 January 2021
The longest serving quarter of the TfL Pension Consultative Council (PCC) retired from office on the 30 November 2020. The term of office for the new appointments commenced on the 1 December 2020 and will end on the 30 November 2024. In Section One (representing pensioners and deferred pensioners) Chris Miller and Paul Kilius-Smith retired. […]
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