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LGPS 2014 – Retirement
Normal retirement occurs at the age the scheme will pay your benefits without actuarial reduction or enhancement as of right – your Normal Pension Age (NPA).
LGPS 2014 – Protection
All pensions in payment or built up before April 2014 will be protected.
LGPS 2014 – 50-50 option
The proposed LGPS 2014 has an option that allows employees eligible for LGPS membership to elect to contribute less and receive less benefit in return instead of opting out of the scheme altogether.
LGPS 2014 – Joint statement
The Local Government Association (LGA) and trade unions announced the outcome of their negotiations on new LGPS proposals (for England and Wales).
LGPS 2014 – At a glance
All pensions in payment or built up before April 2014 will be protected.
LGPS 2014 – Overview
This overview sets out the main features of the proposed LGPS 2014 starting from 1 April 2014.
Joint union letter: Indexation in the Teachers’ Pension Scheme
The NEU and other unions have produced a joint letter on an issue with the ‘best consecutive 3 in 10’ average salary calculation in the TPS final salary pension scheme.