Planning Your Retirement - THE LOCAL GOVERNMENT PENSION ...

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For widowers the survivor’s pensionwill be based upon membershipyou had after 31 March 1972.For civil and nominated cohabitingpartners, the survivor’s pensionwill be based upon membershipyou had after 5 April 1988.Pensions foreligible childrenFollowing your death, pensionsare payable for eligible childrenwho are under age 18, or, if infull-time education, under age23 or for life where a child hasa disability as described underthe Equality Act 2010. If thechild has such a disability,the pension may be payable forthe life of the child. The pensionis based on 1/320 th of your payfor each year of membership.Points to noteThe Fund has the discretion topay the lump sum death grantto your nominee or personalrepresentatives or to any personwho appears, at any time, to havebeen your relative or dependant.If any part of the death granthas not been paid by the secondanniversary of your death, itmust be paid to your personalrepresentatives, i.e. to your Estate.If you have not already made yourwishes known, or you wish tochange a previous nomination,a death grant, expression of wishform is available from the Fund.Widow’s, widower’s, civil partner’s,nominated cohabiting partner’sand children’s pensions areincreased each year in line withthe Consumer Prices Indexregardless of age.In order to nominate a cohabitingpartner to receive a survivor’spension on your death, a completedform LGP25a, available from yourPension Liaison Officer or the Fund,must be completed and returned tothe Fund, prior to your death.41
Help withPensionProblemsIf you are in any doubt aboutyour benefit entitlements orhave a concern about yourLGPS membership or benefits,please contact the Fund.We will seek to clarify or putright any misunderstandingsor inaccuracies as quickly andefficiently as possible. If youare still dissatisfied you canstart the complaints process.You have the right to haveyour complaint independentlyreviewed if you are dissatisfiedwith any decisions made inrelation to the Scheme.The review process begins withthe Internal Disputes ResolutionProcedure and, if no satisfactoryanswer is found, continuesto The Pensions AdvisoryService (TPAS) and finally, thePensions Ombudsman, whosedecision is final and binding.42
Page 1: Planning Your RetirementThe Local G
Page 4 and 5: Introduction
Page 6 and 7: Planning YourRetirement
Page 8 and 9: LGPSRetirementBenefitsYour LGPS ret
Page 10 and 11: Final PayThe other important elemen
Page 12 and 13: If you work Whole-Time: On retiring
Page 14 and 15: Options onRetirementTaking a bigger
Page 16 and 17: If you are buying extraLGPS pension
Page 18 and 19: Increasesto YourPensionYour LGPS pe
Page 20 and 21: Your StatePensionIn addition to you
Page 22 and 23: Can I retire early?If you have at l
Page 24: If you choose to retire before age6
Page 27 and 28: EarlyRetirementthroughRedundancyor
Page 29 and 30: Ill HealthRetirementWhat happens if
Page 31 and 32: Examples of calculating increased m
Page 33 and 34: TaxMatters
Page 35 and 36: information promptly it could delay
Page 37 and 38: Income Tax andyour PensionYour LGPS
Page 39 and 40: How yourRetirementBenefits willbe P
Page 41: Protectionfor yourFamilyWhat benefi
Page 45 and 46: GlossaryAdditional VoluntaryContrib
Page 47: Consumer Prices IndexThis shows the
Page 50: London Road be ready to turn righta

Planning Your Retirement - THE LOCAL GOVERNMENT PENSION ...

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