Hampshire Pension Services

Administering the Local Government Pension Scheme, Police and Fire schemes

**Advance Notice – Due to scheduled maintenance, Member Portal will be unavailable on 12 of August. We apologise for any inconvenience this may cause**

Please note - The Government has confirmed a change to the SCAPE discount rate which is used to determine the factors used by public service pension schemes to calculate pension values. The current factors we use for various calculations have been withdrawn with effect from 19 May 2026. This will affect pension benefits payable to members retiring voluntarily before or after their Normal Pension Age as changes to early and late retirement factors are expected.

Important - Member Portal estimates are currently based on the existing factors and guidance. Therefore, an estimate for leaving before your normal retirement age may overstate your pension but may still be sufficient for planning purposes. We are unable to advise on the impact to your pension of the factor change. We are expecting new factors to be published in July/August 2026.

Please note - We strongly recommend you do not use Artificial Intelligence tools to help you understand documents or any other communications made available for you to view regarding your pension or the Fund.

The information included in documents is complex and nuanced (although we have tried to make them as simple and accessible as possible). You might therefore think that it is a good idea to use AI tools to help you understand them, but we strongly recommend you do not do so. It is possible that the AI tool will provide you with confusing, misleading, or incorrect information and the output it provides will not be tailored to you, your circumstances, the rules and regulations applying to the Fund, or the Fund's administrative practices.

Should the AI tool provide you with misleading information on which you rely and suffer detriment, it is very unlikely that you will be able to recover any compensation from the AI provider and we expect no liability for any member's loss caused as a result of members' misuse of AI. We therefore also recommend that you do not rely solely on AI to make decisions in respect of your personal with the Fund.

Further, a common risk with publicly available AI tools is that private and confidential data may inadvertently be shared. You will be putting sensitive information belonging to you with that document at risk of being accessed in the event that the AI provider is hacked in the future. This is therefore another reason why we strongly recommend you do not use AI tools to understand Fund Communications.

Should you have any questions about any of your documents or anything in connection with the Fund, please contact Hampshire Pension Services. If you require financial advice, please contact an independent financial adviser (IFA).