The Longevity Adjustment Factor (LAF) is an adjustment figure dependent on age, which is applied to the Scheme pension amount earned after 5 April 2006.

It will adjust the pension earned to reflect changes in life expectancies.

Improved mortality rates may mean that future pensions are expected to be paid for longer and the Longevity Adjustment Factor will reduce your pension earned after 5 April 2006 to take account of this.

The Scheme Actuary will set the amount of this Longevity Adjustment Factor each year.The current Longevity Adjustment Factor applicable to your benefits is shown each year on your annual benefit statement. 

There are different Longevity Adjustment Factors which apply to benefits on normal retirement, ill-health retirement and to benefits payable following death before retirement.