Dear [Title] [Surname]
Value of your Civil Service pension benefits for Lifetime Allowance purposes
The Lifetime Allowance (LTA) is the limit on the amount of pension benefit(s) that you can
take from all your registered pension arrangements. You may incur a tax charge on your
benefits if the value exceeds the LTA limit. The value of your benefits is assessed as and when
you bring your benefits into payment. You can find helpful information about LTA here:
www.civilservicepensionscheme.org.uk/members/lifetime-allowance/
Important information about your LTA
You’ve received this letter as our records show that the value of your Civil Service pension
benefits exceeded, or came close to, the 2021/22 standard LTA of £1,073,100.
We’ve calculated that on 31 March 2022, the value of your Civil Service pension benefits was
approximately [LTA%] of the £1,073,100 LTA. The LTA check is undertaken when you retire
and the value of your benefits and the standard LTA amount, are likely to change before you
retire. If you exceed the LTA when you retire, you will have to pay a tax charge on the value of
the benefits that exceed the LTA.
Protection available to you
LTA protections can reduce or eliminate the amount of tax charge payable at retirement.
There are two types of LTA protection for which you can apply.