NEWPORT COMMUNITY SCHOOL PRIMARY ACADEMY
|
|
- Joella Townsend
- 5 years ago
- Views:
Transcription
1 NEWPORT COMMUNITY SCHOOL PRIMARY ACADEMY DISCRETIONS POLICY Date Adopted: 14 th July 2016 Author/owner: Resources Committee Anticipated Review: Summer 2019 Office Drive / Academy Policies / Discretions Policy 1
2 Discretions Policy Coverage: The LGPS Regulations 2013 and The LGPS Regulations 2014 (Transitional Provisions and Savings) and The LGPS Regulations 2008 (Benefits, Membership and Contributions) Employer name: Newport Community School Primary academy Policy effective from: 26 th May 2016 These policies may be subject to review from time to time. Affected employees will be notified of any subsequent change to this Policy Statement. Signed on behalf of: Newport Community School Primary Academy Signature of authorised officer: Date: 26 th May 2016 Print name of authorised officer: V Nel Job title: Chair Governors Office Drive / Academy Policies / Discretions Policy 2
3 Overview Newport Community School Primary Academy is required to compose, publish and keep under review a policy statement in relation to the exercising of a number of discretions under the LGPS The LGPS open to all support staff and is provided by Peninsula Pensions This policy does not convey any form of contractual rights for LGPS/staff members. The policy will be reviewed and may be subject to change, only the version of the policy that is current at the time at which the event occurs will be the one applied for the purposes of LGPS benefits or membership. This policy does not, nor does it seek to, override the provision of the Local Government Pension Scheme Regulations (Discretionary Payments) as amended, and the Employments Right Acts. The policy statements do not limit or fetter how the Academy exercises any of the discretions afforded by the pension scheme. Staff members should use the information contained in this statement in conjunction with information provided in respect of the benefits provided by the LGPS. In publishing this scheme, Newport Community School Primary Academy is required to pay due regard to the requirement that the policy and its application does not lead to a serious loss of confidence in the public service. To ensure value for money and financial stability, Newport Community School Primary Academy will ensure that discretions will be exercised reasonably and where a cost is incurred it will only be used when there is a future benefit to the employer for incurring the extra cost. The costs of implementing a policy discretion will always be obtained prior to a decision being made. Each case will be based upon its merits and will be implemented with due regard to anti-discrimination laws, the Equality Act 2010 and Age Regulations. Roles & Responsibilities The Resources Committee has overall responsibility for the implementation annd monitoring of the LGPS Discretionary Policy ensuring the policy and its implementation does not discriminate on any grounds, including, but not limited to: age, race,gender, disability or sexual orientation, religion or belief. The School Business Manager has responsibility for the day-to-day implementation and management of the LGPS Discretionary Policy Newport Community School Primary Academy has overall responsibility for handling complaints regarding this policy. In the first instance complaints should be directed to the Head Teacher. Staff members enrolled on the LGPS will be responsible for following the policy. Office Drive / Academy Policies / Discretions Policy 3
4 LGPS 2013 & 2014 discretions Regulation R16 (2) (e) and R16 (4) (d) Shared Cost Additional Pension Scheme An employer can choose to pay for or contribute towards a member s Additional Pension Contract via a Shared Cost Additional Pension Contract (SCAPC) As a general rule the Academy will not exercise this discretion. However the Academy will consider this where a written business case demonstrates that there is a clear financial or operational advantage to the Academy for doing so. Regulation R17 (1) and TP15 (1) (d) and A25 (3) and definition of SCAVC in RSch 1 Shared Cost Additional Voluntary Contribution Arrangement An employer can choose to pay for or contribute towards a member s Additional Voluntary Contribution arrangement entered into on or after 1 April 2014 through a shared cost AVC. An employer can choose to pay for or contribute towards a member s Additional Voluntary Contribution arrangement entered into before 1 April 2014 through a shared cost AVC. As a general rule the Academy will not exercise this discretion. However the Academy will consider this where a written business case demonstrates that there is a clear financial or operational advantage to the Academy for doing so. Regulation R30 (6) and TP11 (2) Flexible Retirement ** Employers may allow a member from age 55 onwards to draw all or part of the pension benefits they have already built up whole still continuing in employment. This is provided the employer agrees to the member either reducing their hours or moving to a position on a lower grade. In such cases, pension benefits will be reduced in accordance with actuarial tables unless the employer waives reduction on compassionate grounds or a member has protected rights. Requests for flexible retirement must be made using the Academy s Flexible Working Policy. The Academy will only grant flexible retirement requests to members where there is a clear demonstrable financial or operational advantage to the Academy in doing so. There must be a minimum of 40% salary reduction and or hours worked with a planned time period to full retirement. The Academy will not seek to fund any reduction in benefit. Regulation R30 (8), TP3 (1), TPSch2, Para 2(1), B30 (5) and B30 (A) (5) Waiving of actuarial reduction As a consequence of flexible retirement there may be a reduction to the benefit paid. The value of any actuarial reduction will be Office Drive / Academy Policies / Discretions Policy 4
5 Employers have the power to waive, on compassionate grounds, the actuarial reduction (in whole or part) applied to members benefits paid on the grounds of flexible retirement. Employers may also waive, on compassionate grounds, the actuarial reduction (in whole or part) applied to members benefits for deferred members and suspended tier 3 ill health pensioners who elect to draw benefits on or after age 60 and before normal pension age. applied, the Academy will not seek to fund the reductions applied. In the case of ill health retirement a decision will be made based on its merits and the affordability to the Academy based on a 2/3 year budget forecast Employers also have the power to waive, in whole or in part, the actuarial reduction applied to active members benefits when a member chooses to voluntarily draw benefits on or after age 55 before age 60. Regulation TPSch 2, para 2 (2) and 2 (3) Power of employing authority to switch on the 85 year rule An employer can choose whether to switch on the 85 year rule for members who voluntarily retire on or after age 55 and before age 60. An employer can also choose to waive, on compassionate grounds, the actuarial reduction applied to benefits for a member voluntarily drawing benefits on or after age 55 and before age 60. The Academy will not switch on the 85 year rule for those who voluntarily retire between the ages of 55 and 60. The Academy may switch on the 85 year rule or waive the actuarial reduction on compassionate grounds for exceptional circumstances having regard to the affordability to the Academy based on a 2/3 year budget forecast Regulation R31 Power of employing authority to grant additional pension An employer can choose to grant additional pension to an active member or within 6 months of ceasing to be an active member by reason of redundancy or business efficiency (by up to 6,500* per annum). (*the figure of 6,500 will be increased each April under Pensions Increase Orders) The Academy does not wish to exercise this discretion of grounds of effective use of financial resources ** Flexible Retirement Please note that if you wish to offer your members the option of flexible retirement, you will need to formulate a separate policy (please see Guidance Notes) Office Drive / Academy Policies / Discretions Policy 5
6 Policies not required but recommended: R22 (8) (b) - Whether to extend the 12 month option period for a member to elect that post 31st March 2014 deferred benefits should not be aggregated with a new employment R22 (7) (b) - Whether to extend the 12 month option period for a member to elect that post 31st March 2014 deferred benefits should not be aggregated with an ongoing concurrent employment R100 (6) - Extend normal time limit for acceptance of a transfer value beyond 12 months from joining the LGPS R9(1) & R9(3) - Determine rate of employees contributions and when the contribution rate will be assessed The Academy will not exercise this discretion unless there are extenuating circumstances that apply in that evidence exists that an election was made within 12 months but the administering authority did not receive it. Evidence exists that the member could not have been aware of the 12 month limit due to maladministration. The Academy will not exercise this discretion unless there are extenuating circumstances that apply in that evidence exists that an election was made within 12 months but the administering authority did not receive it. Evidence exists that the member could not have been aware of the 12 month limit due to maladministration. The Academy will not exercise this discretion unless there are extenuating circumstances that apply in that evidence exists that an election was made within 12 months but the administering authority did not receive it. Evidence exists that the member could not have been aware of the 12 month limit due to maladministration. The Academy will review an employees contribution bands as at 1 st April each year. If an employees pay changes during the scheme year a review of the contribution rate may be requested by the employee. Office Drive / Academy Policies / Discretions Policy 6
7 LGPS 2008 discretions To cover scheme members who ceased active membership on or after 1 April 2008 and before 1 April 2014 (no need to complete if not applicable). Regulation B18 Flexible Retirement ** Employers may allow a member from age 55 onwards to draw all or part of the pension benefits they have already built up whole still continuing in employment. This is provided the employer agrees to the member either reducing their hours or moving to a position on a lower grade. In such cases, pension benefits will be reduced in accordance with actuarial tables unless the employer waives reduction on compassionate grounds or a member has protected rights. Requests for flexible retirement must be made using the Academy s Flexible Working Policy. The Academy will only grant flexible retirement requests to members where there is a clear demonstrable financial or operational advantage to the Academy in doing so. There must be a minimum of 30% salary reduction and or hours worked with an agreed planned time period to a full retirement date. The Academy will not seek to fund any reduction in benefit Regulation B30 Choice of early payment of pension B30 (2) Employers can also allow the early payment of deferred benefits to former members of the LGPS between the ages of 55 and 59. Please note where a deferred member left the LGPS before 1 April 2008 the employer policy under the 1997 regulations will apply. B30A(3) Employers may also grant an application for reinstatement of a suspended tier 3 ill health pension on or after age 55 and before age 60. B30 (5) and B30A (5) In such cases, pension benefits will be reduced in accordance with actuarial tables unless the employer waives reduction on compassionate grounds or a member has protected rights. B30 (2) The Academy does not wish to exercise this discretion of grounds of effective use of financial resources. B30A (3), B30 (5), B30A (5) As a consequence of flexible retirement there may be a reduction to the benefit paid. The value of any actuarial reduction will be applied, the Academy will not seek to fund the reductions applied. In the case of ill health retirement a decision will be made based on its merits and the affordability to the Academy based on a 2/3 year budget forecast Office Drive / Academy Policies / Discretions Policy 7
Example Discretions Policy
IF YOU ARE USING THIS DOCUMENT AS A TEMPLATE, PLEASE INSERT YOUR EMPLOYERS LOGO ONTO THIS FRONT PAGE OR PRINT THE POLICY ON YOUR OWN LETTERHEAD Page 1 of 5 Example Discretions Policy Looking forward to
More informationLOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY
LOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY Approved by Trust Executive Board/Policy effective from: Date for review: October 2019 1.0 Introduction 1.1 This Policy sets out how the Trust will exercise
More informationLocal Government Pension Scheme Discretions Policy
Local Government Pension Scheme Discretions Policy Adopted: March 2016 This policy was adopted by: Review Cycle: Annual The Directors of Ventrus Multi Academy Trust Last Review: March 2017 Next Review:
More informationPension Discretions LGPS Career Average Revalued Earnings (CARE) Scheme Policy Statement
Pension Discretions LGPS Career Average Revalued Earnings (CARE) Scheme Policy Statement This Policy/Procedure has been agreed by the following professional associations and Trade Unions representing Teachers,
More informationLGPS Discretions Policy
THE SHROPSHIRE GATEWAY EDUCATIONAL TRUST LGPS Discretions Policy Author Matthew Hayes Review Cycle Two Years Date Approved July 2016 Approved By Board of Directors Next Review Date July 2018 1 P a g e
More informationPrimary and Nursery School
Goose Green Primary and Nursery School Local Government Pension Scheme Employer Discretions Policy Autumn 2014 to be reviewed Autumn 2017 The Governing Body of Goose Green Education Trust adopted this
More informationLocal Government Pension Scheme Policy
POLICY DOCUMENT 65 APPROVED 10/05/2018 THOMAS MILLS HIGH SCHOOL Local Government Pension Scheme Policy Vision Statement We, the staff and governors, aspire to ensure that all our students, irrespective
More informationi) under the LGPS Regulations 2013 from 1 April 2014 in respect of members of the Career Average Revalued Earnings (CARE) scheme,
Great Ness and Little Ness Parish Council discretionary policies under the Local Government Pension Scheme Regulations and other related Regulations Summary 1. This report makes recommendations for Great
More informationLowther Road, Dunstable
Lowther Road, Dunstable Local Government Pension Scheme 2014 (LGPS) Employer Discretion Policy Statement Publication Date: 1st April 2014 Copyright Ardley Hill Academy 1 The new pension scheme rules, which
More informationLocal Government Pension Scheme 2014 (LGPS) - Employer Discretion Policy Statement
Local Government Pension Scheme 2014 (LGPS) - Employer Discretion Policy Statement The new pension scheme rules, which apply from 1 April 2014, require each scheme employer within the LGPS to publish a
More informationPension Discretions Policy Statement
STATUS VERSION 1 APPROVED BY: DATE DUE FOR REVIEW OUTCOME OF REVIEW SERVICE RELATIONSHIPS: LINKED POLICIES POLICY OWNER: SMT 5 th December 2016 Effective Date: December 2018 All of ST&RH Director of Finance
More informationThe University will not normally make use of this discretion but may consider its use in exceptional circumstances.
University Of Portsmouth Discretions Policy - Local Government Pension Scheme 2014 The University is required to have a discretions policy to comply with the Local Government Pension Scheme (LGPS) Regulations.
More informationStatement of Policy on Pension Discretions
Statement of Policy on Pension Discretions 1. General principles 1.1 Compass Contract Services (UK) Ltd is a participating employer in the Local Government Pension Scheme (LGPS) and is required to formulate,
More informationLOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY
HASMONEAN HIGH SCHOOL LOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY 1. General Principles 1.1. Under the rules of the Local Government Pension Scheme ( LGPS ) the employer has the right to authorise
More informationCORSHAM PRIMARY SCHOOL. Pickwick Learning. Pension Policy. Reviewed: July Policy Ratified by the Board: July 2016
CORSHAM PRIMARY SCHOOL Pickwick Learning Pension Policy Reviewed: July 2017 Policy Ratified by the Board: July 2016 Next Review Date: July 2018 Please note that this policy covers employees of Pickwick
More informationTHE PARTNERSHIP TRUST
LOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY Review Due: September 2020 Last Review September 2017 Applicable to: All Trust Schools Reviewed by: Contents 1. Policy Statement... 2 2. This policy deals
More informationSTAFF PENSIONS DISCRETIONS 2014/15
1. SCOPE 1.1 This policy applies to all Administering Authorities for the various LGPS funds where we are Scheme Employer in relation to the LGPS. 1.2 In accordance with Regulation 60 of the Local Government
More informationPolicy: Pension Discretions Policy
Policy: Pension Discretions Policy Adopted 29 th May 2016 Last Reviewed Member of staff responsible: The Head Teacher Review Date: Summer 2018 Barrow 1618 Free School discretionary policies under the Local
More informationPension Policy (LGPS) Created: October 2016 Review: October 2018 Person Responsible for Policy : HR Director
Pension Policy (LGPS) Created: October 2016 Review: October 2018 Person Responsible for Policy : HR Director Contents Page Introduction 3 Consultation 3 Effective date of policies 4 Non-fettering of discretions
More informationPensions Policy Renewal: October 2017
Pensions Policy Renewal: October 2017 PENSIONS POLICY 1.0 Objective 1. This policy outlines the various pensions schemes that are administered by Shropshire Housing Group, including the designated Scheme
More informationPension Policy Statement
Reference: HR001 Document Type: Status of Document: Policy Final Version: 3.0 Date Approved: 20 th October 2015 Approved By: Chief HR & Corporate Services Officer Publication Date: 20 th October 2015 Review
More informationi) are required to formulate, publish and keep under review a Statement of Policy on certain discretions in accordance with:
Discretions Policies for Scheme Employers in England and Wales from 1 April 2014 (version 1.7) Deleted: 6 Introduction 1. The Local Government Pension Scheme (LGPS) in England and Wales was amended from
More informationDiscretionary policies for Scheme employers from 1 April 2014 as at 14 May 2018
LGPS England & Wales Discretionary policies for employers from 1 April 2014 as at 14 May 2018 Index Introduction Prepare, publish and keep under review a written statement of policy under the LGPS Regulations
More informationStatement of Employer Policy on Discretionary Provisions under NILGOSC Regulations
Statement of Employer Policy on Discretionary Provisions under NILGOSC Regulations Policy Identification Policy Ownership Department: Human Resources Owner: Head of Human Resources Author: Human Resources,
More informationPOLICY STATEMENT. Local Government Pension Scheme Policy. LGPS Discretions Internal Disputes Resolution Procedure
POLICY STATEMENT TITLE: Policy INTRODUCTION/OVERVIEW: The purpose of this policy is to explain the LGPS regulation and the impact they have on Northampton College s employees. POLICY STATEMENT: The LGPS
More informationWEST YORKSHIRE PENSION FUND DISCRETIONS POLICY
Contents Page 1. Introduction... 3 2. Purpose and scope... 3 3. Guiding principles... 4 4. Specific discretions... 4 4.1 Shared cost additional pension contributions... 4 4.2 Awarding additional pension...
More informationScheme Basis Career Average Revalued Earnings Final Salary. 1/49 th 1/60 th. Actual pay including non-contractual overtime and additional hours
Key differences between the 2008 and 2014 Local Government Pension Schemes APPENDIX A New LGPS 2014 LGPS 2008 Scheme Basis Career Average Revalued Earnings Final Salary Proportion of pay each year which
More informationIf you require this information in any other format please contact your HR team on
Discretionary Compensation Regulations Updated 20 th September 2017 If you require this information in any other format please contact your HR team on 01267 246100. The Authority is required to publish
More informationIt will not reduce or suspend the added years pension paid to an employee who had been an early retirer during a period of re-employment.
LOCAL GOVERNMENT PENSION SCHEME Hampshire Pension Fund Statement of Decisions and Policy The pension information entitled Your Pension An Employee s Guide, which an employee receives upon joining the University,
More informationDiscretions Policies for Scheme Employers in Scotland from 1 April 2015 (version 1.1)
Discretions Policies for Scheme Employers in Scotland from 1 April 2015 (version 1.1) Introduction 1. The Local Government Pension Scheme (LGPS) in Scotland is being amended from 1 April 2015 so that benefits
More informationi) are required to formulate, publish and keep under review a Statement of Policy on certain discretions in accordance with:
Discretions Policies for Scheme Employers in Scotland from 1 April 2015 (version 1.1) Deleted: 0 Introduction 1. The Local Government Pension Scheme (LGPS) in Scotland is being amended from 1 April 2015
More informationCHICHESTER DISTRICT COUNCIL EMPLOYMENT POLICY STATEMENT
Senior Staff Pay Policy Report - Appendix 8 Policy title: Date: June 2014 CHICHESTER DISTRICT COUNCIL EMPLOYMENT POLICY STATEMENT LOCAL GOVERNMENT PENSION SCHEME (LGPS) AND EARLY TERMINATION OF EMPLOYMENT
More informationAmendments to the Local Government Pension Scheme. Q3 Bulletin
Amendments to the Local Government Pension Scheme Q3 Bulletin Amendments to the Local Government Pension Scheme Background The Ministry of Housing, Communities & Local Government (MHCLG) ran a consultation
More informationEmployer s Policy Statement LGPS 2015
Employer s Policy Statement LGPS 2015 Employer: University of Strathclyde Lead officer (for any questions): Fiona Saunders Contact details of lead officer: f.saunders@strath.ac.uk Date of policy statement:
More informationEssex Pension Fund Administering Authority Statement of Policy on Discretions in Relation to the Local Government Pension Scheme
Essex Pension Fund Administering Authority Statement of Policy on Discretions in Relation to the Local Government Pension Scheme Effective 17 September 2014 1. Introduction This policy has been determined
More informationCHICHESTER DISTRICT COUNCIL EMPLOYMENT POLICY STATEMENT
Senior Staff Pay Policy Report - Appendix 1.8 Policy title: Date: October 2016 Revision: Tenth Issue CHICHESTER DISTRICT COUNCIL EMPLOYMENT POLICY STATEMENT LOCAL GOVERNMENT PENSION SCHEME (LGPS) AND EARLY
More informationPensions and Retirement Policy
Pensions and Retirement Policy Contents 1.0 Statement of Purpose/Objective 2.0 Scope 3.0 Roles and Responsibilities 3.1 The Responsibilities of Managers 3.2 The Responsibilities of Employees 4.0 Pension
More informationCeredigion Association of Voluntary Organisations. Employing Authority Discretions
Ceredigion Association of Voluntary Organisations Employing Authority Discretions Local Government Pension Scheme Regulations 2013 Whether, how much, and in what circumstances to contribute to a shared
More informationLocal Government Pension Scheme Regulations: Policy Statement on Employing Authority Discretions
Local Government Pension Scheme Regulations: Statement on Employing Authority Discretions In accordance with legislative requirements and the requirements of the Dyfed Pension Fund, Coleg Ceredigion has
More informationDorset County Pension Fund
STATEMENT OF POLICY ON:- Local Government Pension Scheme Administering Authority Administration Discretions Dorset County Pension Fund Revised September 2014 Dorset County Pension Fund Administering Authority
More informationDEVON COUNTY COUNCIL PENSION FUND ADMINISTERING AUTHORITY DECISIONS CONTINUING ADMINISTRATIVE ISSUES
ANNEX A DEVON COUNTY COUNCIL PENSION FUND ADMINISTERING AUTHORITY DECISIONS CONTINUING ADMINISTRATIVE ISSUES Detail Current Policy Comments/New Policy This provision is exercised to provide the highest
More informationSCOTLAND (version 1.1) Discretions from in relation to post active members and post leavers, being discretions under:
SCOTLAND (version 1.1) Discretions from 1.4.15. in relation to post 31.3.15. active members and post 31.3.15. leavers, being discretions under: - the Local Government Pension Scheme (Scotland) Regulations
More informationJoining the Local Government Pension Scheme (LGPS) 2014 Starter Information
Joining the Local Government Pension Scheme (LGPS) 2014 Starter Information Please read this leaflet, including the information about how to complete the forms Please complete and return the LGPS / New
More informationJOHN TAYLOR MULTI ACADEMY TRUST
JOHN TAYLOR MULTI ACADEMY TRUST Local Government Pension Scheme Employer Discretions Implementation date: December 2014 Review date: December 2018 1 JOHN TAYLOR MAT This document outlines John Taylor MAT
More informationR2(3) R3(1)(b) & RSch 2, Part 2. R3(1)(c) & R4(2)(b) Employer. R4(2)(b) R3(5) & RSch 2, RSch 2, Part 3, RSch 2, Part 3, para 9(d)
ENGLAND AND WALES (version 1.5) Discretions from 1.4.14. in relation to post 31.3.14. active members (excluding councillor members) and post 31.3.14. leavers (excluding councillor members), being discretions
More informationLocal Government Pension Scheme (Transitional Provisions & Savings) Regulations 2014 Regulation 11 (2)
Human Resources Local Government Pension Scheme Discretionary Policy Part A (2014 scheme) Background The regulations of the LGPS require every employer to (i) issue a written policy statement on how it
More informationThe Auriga Academy Trust LOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY
The Auriga Academy Trust LOCAL GOVERNMENT PENSION SCHEME DISCRETIONS POLICY Key Contacts: Chief Executive Officer: John Kipps (jkipps@clarendon.richmond.sch.uk) HR Manager & Data Protection Officer: Annushka
More informationFull list of discretionary policies to be determined upon by Scheme employers, administering authorities and other parties
LGPS England & Wales Full list of discretionary policies to be determined upon by Scheme employers, administering authorities and other parties Introduction Herein, contains a list of the discretionary
More informationTyne and Wear Pension Fund. Pensions Administration Strategy. 1. The Tyne and Wear Pension Fund is part of the Local Government Pension Scheme (LGPS).
Tyne and Wear Pension Fund Pensions Administration Strategy Introduction 1. The Tyne and Wear Pension Fund is part of the Local Government Pension Scheme (LGPS). 2. The LGPS regulations, listed in Appendix
More informationREDUNDANCY AND EFFICIENCY LEAVERS COMPENSATION POLICY
REDUNDANCY AND EFFICIENCY LEAVERS COMPENSATION POLICY Date Policy Created: 2011 Committee Date Approved: 3 rd July 2014 Reviewed: June 2014 Review Schedule: 2 years Next review Date: Summer 2016 Responsibility:
More information1. BoD Employing Authority Discretionary Policy
1. BoD Employing Authority Discretionary Policy Introduction This policy has been determined by the Borough of Douglas as the employing authority in accordance with the Local Government Superannuation
More informationLancashire County Pension Fund Discretionary Policy Statement as revised January 2016
Lancashire County Pension Fund Discretionary Policy Statement as revised January 2016 The document below contains the discretionary policies of Lancashire County Council, as "Administering Authority" for
More informationBIRMINGHAM CITY UNIVERSITY ACADEMIES TRUST POLICY ON LOCAL GOVERNMENT SUPERNNUATION SCHEME DISCRETIONARY POWERS AND PREMATURE RETIREMENT
1. Introduction 1.1 Under Regulation 106 of the Local Government Pension Scheme (LGPS) Regulations 1997 (as amended), each employer must formulate, keep under review and publish their policies on certain
More informationA Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015)
A Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015) Employees in Scotland issued April 2016 V1.4 Page 1 Index 1. About this Booklet pg 5 2. About the Local Government
More informationScheme administrator guide to the 85 year rule
LGPS England & Wales Scheme administrator guide to the 85 year rule Introduction This guide explains the background to the 85 year rule and its impact on benefits when they are paid before normal pension
More informationA guide to the Local Government Pension Scheme (LGPS) for employees in England and Wales
Kent Pension Fund A guide to the Local Government Pension Scheme (LGPS) for employees in England and Wales www.kentpensionfund.co.uk Index 1. About this Booklet 2. About the Local Government Pension Scheme
More informationA Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015)
A Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015) Employees in Scotland issued April 2018 V1.6 Index 1. About this Booklet pg 5 2. About the Local Government
More informationHARTLEPOOL BOROUGH COUNCIL LOCAL GOVERNMENT PENSION SCHEME DISCRETIONARY POLICY
HARTLEPOOL BOROUGH COUNCIL LOCAL GOVERNMENT PENSION SCHEME DISCRETIONARY POLICY GENERAL POLICY STATEMENT The Council will ensure it implements its statutory responsibilities in relation to its discretions
More informationYour Pension Service Scheme Basics
Your Pension Service Scheme Basics What does my Annual Benefit Statement What does an 80 th of my salary mean? What age can I retire at? How is my pension calculated Aims of the session Planning for Retirement
More informationA Guide to the Local Government Pension Scheme for Employees in England and Wales
A Guide to the Local Government Pension Scheme for Employees in England and Wales Employees in England and Wales April 2014 V1.3 1 Index 1. About this Booklet 2. About the Local Government Pension Scheme
More informationGOVERNANCE COMPLIANCE STATEMENT
Shropshire County Pension Fund GOVERNANCE COMPLIANCE STATEMENT June 2015 INTRODUCTION 1. This Statement has been prepared by Shropshire Council (the Administering Authority) to set out the governance compliance
More informationA Guide to the Local Government Pension Scheme for Employees in England and Wales
West Midlands Pension Fund A Guide to the Local Government Pension Scheme for Employees in England and Wales Employees in England and Wales: April 2016 Version 1.9 Contents About This Book About the Local
More informationA Guide to the Local Government Pension Scheme for Employees in England and Wales
A Guide to the Local Government Pension Scheme for Employees in England and Wales Employees in England and Wales April 2017 V3.0 1 Index 1. About this Booklet pg 5 2. About the Local Government Pension
More informationA New Look Local Government Pension Scheme from 1 st April 2008
A New Look Local Government Pension Scheme from 1 st April 2008 As part of a general review of public sector pension schemes, the Government has introduced changes to the Local Government Pension Scheme
More informationA Guide to the Local Government Pension Scheme (LGPS) in Scotland
A Guide to the Local Government Pension Scheme (LGPS) in Scotland 24 June 2017 1 Index 1. About this Booklet pg 5 2. About the Local Government Pension Scheme (LGPS) pg 6 How the LGPS changed on 1 April
More informationTHE LOCAL GOVERNMENT PENSION SCHEME. Full Guide for New Members
THE LOCAL GOVERNMENT PENSION SCHEME Full Guide for New Members THE LOCAL GOVERNMENT PENSION SCHEME (LGPS) SCOTLAND [Scottish version, April 2018] 1 Contents Welcome to the Scheme 3 What is the Local Government
More informationFlexible & Early Retirement Policy (LGPS)
Chief Constable of Dyfed Powys Flexible & Early Retirement Policy (LGPS) Version 2 1 VERSION CONTROL Version Date Author Reason for Change 2 27/03/14 Diane Jones Chief Financial Officer changed to Director
More informationA guide to the Local Government Pension Scheme (LGPS) England and Wales June 2018 v5
A guide to the Local Government Pension Scheme (LGPS) England and Wales June 2018 v5 Contents Section 1 - About this Booklet Page 5 Section 2 - About the Local Government Pension Scheme (LGPS) Page 6 Who
More informationA Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015)
A Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015) Employees in Scotland issued March 2015 V1.0 1 Index 1. About this Booklet pg 5 2. About the Local Government
More informationRejoining the Local Government Pension Scheme (LGPS)
Rejoining the Local Government Pension Scheme (LGPS) This information applies only to Scheme members who left an employment after 31 March 2014 with an entitlement to a deferred benefit in the LGPS which
More informationCombining Document A
Combining Document A This leaflet outlines the considerations you should make before deciding whether or not you would like to combine your deferred benefits with your new active CARE account. What do
More informationA Guide to the Local Government Pension Scheme for Employees in England and Wales
A Guide to the Local Government Pension Scheme for Employees in England and Wales Employees in England and Wales July 2016 1 Index 1. About this Booklet pg 5 2. About the Local Government Pension Scheme
More informationThe Local Government Pension Scheme
The Local Government Pension Scheme HR SHARED SERVICES PENSIONS TEAM EMPLOYEE GUIDE 2015 THE LOCAL GOVERNMENT PENSION SCHEME (LGPS) employee guide 1 A BRIEF GUIDE TO THE LOCAL GOVERNMENT PENSION SCHEME
More informationAcademies and the Local Government Pension Scheme
Issue Date April 2017 Version 1.1 Academies and the Local Government Pension Scheme This leaflet provides guidance relating to the role and responsibilities of a Scheme employer in the Local Government
More informationIsle of Wight Pension Fund Administration Strategy Statement. November 2018 FOR PUBLICATION CORPORATE POLICY
Isle of Wight Pension Fund Administration Strategy Statement November 1. Document Information Title: Status: Isle of Wight Pension Fund Administration Strategy Statement FINAL Current Version: V1.6 Author:
More informationA Guide to the Local Government Pension Scheme for Employees in England and Wales
A Guide to the Local Government Pension Scheme for Employees in England and Wales Employees in England and Wales April 2017 V1 Produced by Orbis Pension Services April 2017 1 INDEX 1 About this booklet
More informationLocal Government Pension Scheme (LGPS)
A Brief Guide to the Local Government Pension Scheme (LGPS) Employees in England and Wales April 2017 www.norfolkpensionfund.org If you need this information in large print, audio, Braille, alternative
More informationYOU CAN LOOK FORWARD TO ENJOYING A GUARANTEED PACKAGE OF BENEFITS WHEN YOU RETIRE
Guide to Retirement YOU CAN LOOK FORWARD TO ENJOYING A GUARANTEED PACKAGE OF BENEFITS WHEN YOU RETIRE In this Guide we look at how your pension is worked out and when you can draw your pension if you pay
More informationEaling Council. Policy Statement
Appendix 3 Ealing Council Pay Policy Statement for the financial year 1 st April 2015 to 31 st March 2016 Ealing Council Policy Statement A. Local Government (Early Termination of Employment) (Discretionary
More informationPension Policy Statement
Reference: HR001 Document Type: Status of Document: Policy Final Version: 2.1 Date Approved: 07/08/13 Approved By: HR & OD Director Publication Date: 12/08/13 Review Date 07/08/14 Policy Owner Applies
More informationStaffordshire Pension Fund Administration Strategy
Staffordshire Pension Fund Administration Strategy Issue Date 1 December 2016 Review Date 1 December 2017 Version 1.0 1 2 Staffordshire County Council Pension Administration Strategy Introduction This
More informationRetirement Guide to the Local Government Pension Scheme (Northern Ireland)
Retirement Guide to the Local Government Pension Scheme (Northern Ireland) 2 Northern Ireland Local Government Officers Superannuation Committee (NILGOSC) Contents Introduction Introduction.... 5 Retiring
More informationPENSION UPDATE - March 2016
Worcestershire County Council Pension Fund PENSION UPDATE - March 2016 FOR MEMBERS OF THE LOCAL GOVERNMENT PENSION SCHEME (LGPS) 1. ANNUAL BENEFIT STATEMENT (ABS) have you checked yours? A career Average
More informationA Guide to the Local Government Pension Scheme for Eligible Councillors in England and Wales [English and Welsh version 1.
A Guide to the Local Government Pension Scheme for Eligible Councillors in England and Wales [English and Welsh version 1.8 June 2018] 1 The Index Page Introduction 5 The Choice Your Pensions Choice 6
More informationThe Local Government Pension Scheme
The Local Government Pension Scheme A Guide to the Local Government Pension Scheme for Eligible Councillors in England and Wales [English and Welsh version 1.4- September 2016] 1 The Index Page Introduction
More informationSHROPSHIRE COUNTY PENSION FUND. A brief guide to the Local Government Pension Scheme (LGPS) July 2018 v8
SHROPSHIRE COUNTY PENSION FUND A brief guide to the Local Government Pension Scheme (LGPS) July 2018 v8 Contents Section 1 - Highlights of the LGPS Page 3 Section 2 - The scheme Page 4 Who can join? What
More informationChanges to The Local Government Pension Scheme April 2006
Changes to The Local Government Pension Scheme April 2006 Changes to the Local Government Pension Scheme in England and Wales You may have seen information in the media recently or received information
More informationSHROPSHIRE COUNTY PENSION FUND. A brief guide to the Local Government Pension Scheme (LGPS) April 2018 v7
SHROPSHIRE COUNTY PENSION FUND A brief guide to the Local Government Pension Scheme (LGPS) April 2018 v7 Contents Section 1 - Highlights of the LGPS Page 3 Section 2 - The scheme Page 4 Who can join? What
More informationSecure benefits the scheme provides you with a future income, independent of share prices and stock market fluctuations.
A brief guide to the Local Government Pension Scheme (LGPS) Employees in England and Wales Highlights of the LGPS The LGPS gives you: Secure benefits the scheme provides you with a future income, independent
More informationThe Local Government Pension Scheme (Councillors) A Guide to the Local Government Pension Scheme for Eligible Councillors in England and Wales
The Local Government Pension Scheme (Councillors) A Guide to the Local Government Pension Scheme for Eligible Councillors in England and Wales April 2011 1 Introduction The information in this booklet
More informationFlexible Retirement (Policy & Procedure)
Flexible Retirement (Policy & Procedure) Publication Scheme Y/N Can be published on Force Website Department of Origin HR Policy Holder Head of HR Author Head of Employee Relations Related Documents The
More informationTo: General Purposes Committee - 18 November 2014
Item Number: B3 By: Head of Human Resources Policy To: General Purposes Committee - 18 November 2014 Subject: Classification: PENSIONS ISSUES Unrestricted FOR DECISION SUMMARY Members will be aware of
More informationHUMAN RESOURCES POLICY
North of England Clinical Commissioning Groups HUMAN RESOURCES POLICY RETIREMENT Policy Number: HR29 Version Number: 2.0 Issued Date: May 2015 Review Date: May 2017 Sponsoring Director: Prepared By: Consultation
More informationPolice Staff Retirement Policy Version 2. Greater Manchester Police
Police Staff Retirement Policy Version 2 Greater Manchester Police Date: October 2013 POLICY IMPLEMENTED: October 2013 REVIEW DATE: October 2014 PROCEDURE OWNER:, HR Branch APPROVED BY: Head of HR and
More informationCombining benefits glossary
North Yorkshire Pension Fund Combining benefits glossary If you require this information in an alternative language or another format such as large type, audio cassette or Braille, please contact the Pensions
More informationSecure benefits the scheme provides you with a future income, independent of share prices and stock market fluctuations.
A brief guide to the Local Government Pension Scheme (LGPS) Employees in England and Wales April 2014 Highlights of the LGPS The LGPS gives you: Secure benefits the scheme provides you with a future income,
More informationA brief guide to your pension scheme. the local government pension scheme
A brief guide to your pension scheme the local government pension scheme Do you have questions about your pension? What are the benefits of contributing to the pension scheme? What benefits do I get now
More informationFrequently Asked Questions (FAQs)
Frequently Asked Questions (FAQs) Incorporating changes to the LGPS from 1 April 2008 Before contacting the Fund regarding your annual benefits statement 2009, please ensure that you read all of the content
More informationADMISSION GUIDE FOR NEW EMPLOYERS: TRANSFEREE ADMISSION BODY. London Pensions Fund Authority (LPFA) Local Government Pension Scheme
ADMISSION GUIDE FOR NEW EMPLOYERS: TRANSFEREE ADMISSION BODY London Pensions Fund Authority (LPFA) Local Government Pension Scheme 1 Contents Introduction Background to the Local Government Pension Scheme
More informationRetirement Guide to the Local Government Pension Scheme (Northern Ireland)
Retirement Guide to the Local Government Pension Scheme (Northern Ireland) 2 Northern Ireland Local Government Officers Superannuation Committee (NILGOSC) Contents Introduction Introduction... 5 Retiring
More information