CIRCULAR. No NOVEMBER 2007 UNDERSTANDING THE NEW LOOK LGPS WORKSHOPS

Similar documents
CIRCULAR. No JULY 2007 PRACTITIONER & EMPLOYER TRAINING EVENTS (1) INTRODUCTION (2) THE 2008 SCHEME CHANGES SEMINARS

CIRCULAR. No. 259 MAY 2012 LGPS PRACTITIONER AND EMPLOYER TRAINING EVENTS ONE-DAY UNDERSTANDING WORKSHOPS (AUTO-ENROLMENT)

CIRCULAR. No. 273 AUGUST 2013 LGPS EMPLOYER TRAINING EVENTS LGPS2014 SEMINARS

CIRCULAR. No JUNE LGPS TRUSTEES CONFERENCE & TRUSTEE TRAINING FUNDAMENTALS UPDATEs

CIRCULAR. No. 197 MAY 2007 (1) LGPS TRUSTEES CONFERENCE. 1. This Circular has been issued to advise authorities of:

CIRCULAR. No. 297 MARCH 2016 LGPS PRACTITIONER AND EMPLOYER TRAINING EVENTS INSIGHT RESIDENTIAL COURSE

LGPC Bulletin 145 May 2016

LGPC Bulletin 70S May 2010

LGPC Bulletin 86 October 2011

LGPC Bulletin 64 November 2009

No. 181 FEBRUARY 2006 STRIKE ACTION

No. 245 FEBRUARY 2011 MATERNITY, PATERNITY AND ADOPTION LEAVE

LGPC Bulletin 119S October 2014

LGPC Bulletin 116S June 2014

LGPC Bulletin 90 February 2012

LGPC Bulletin 169 March 2018

LGPC Bulletin 155 March 2017

Annual Benefit Statements for Active Members (v1.5)

LGPC Bulletin 179 December 2018

Local Government Pension Scheme Shadow Advisory Board

Scheme administrator guide to the 85 year rule

LGPS (England and Wales) scheme administrator guide Freedom and Choice AVCs

LGPC Bulletin 75 October 2010

AUTOMATIC ENROLMENT GUIDE Local Government Pensions Committee (LGPC) Introduction 5. Disclaimer 9. Copyright 10. Background 10

AUTOMATIC ENROLMENT GUIDE Local Government Pensions Committee (LGPC) Introduction 5. Disclaimer 10. Copyright 11. Background 11

The Underpin (version 1.7)

CIRCULAR. No. 262 SEPTEMBER 2012 CHANGES TO THE LGPS IN ENGLAND AND WALES. The Local Government Pensions Committee Secretary: Jeff Houston

LGPC Bulletin 67 February 2010

LGPC Bulletin 94 October 2012

[regulation 4(3) of the LGPS (Transitional Provisions and Savings) (Scotland)

LGPC Bulletin 101 April 2013

The application of increases to LGPS pensions in payment

LGPC Bulletin 74 September 2010

PAYING INTO THE LGPS BEFORE APRIL 2015?

Transfers in (version 1.32) General principle

No. 244 FEBRUARY 2011 THE LGPS IMPLICATIONS OF SALARY SACRIFICE SCHEMES, ETC

North Yorkshire Pension Fund (NYPF)

Additional guidance to cover how APCs work and how the amount of extra or lost pension purchased drops into a member s active pension account

A brief guide to your pension scheme. the local government pension scheme

i) are required to formulate, publish and keep under review a Statement of Policy on certain discretions in accordance with:

Leaving your job before retirement

i) are required to formulate, publish and keep under review a Statement of Policy on certain discretions in accordance with:

CIRCULAR. No. 128 JANUARY 2003 PART-TIMERS PENSION RIGHTS

R2(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)

Amendments to the Local Government Pension Scheme. Q3 Bulletin

Avon Pension Fund Local Government Pension Scheme

Pension Update. SHROPSHIRE COUNTY PENSION FUND Administered by Shropshire Council. April Topics covered in this edition: Dear Member

A New Look Local Government Pension Scheme from 1 st April 2008

NHS Pensions Redundancy Basic overview for employers

COUNCILLORS BRIEFING

Joining the Local Government Pension Scheme (LGPS) 2014 Starter Information

A guide to the Local Government Pension Scheme (LGPS) for employees in England and Wales

LGPC London Councils. Audit Commission ALACE PPMA SOLACE CIPFA ALAMA

Leaving the. A guide to the options and benefits available to you on leaving the Local Government Pension Scheme (LGPS)

A 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

Discretionary policies for Scheme employers from 1 April 2014 as at 14 May 2018

SCOTLAND (version 1.1) Discretions from in relation to post active members and post leavers, being discretions under:

EXPLANATORY MEMORANDUM TO THE LOCAL GOVERNMENT PENSION SCHEME (AMENDMENT) REGULATIONS No. 493

Brief Guide to Automatic Enrolment (for LGPS and TPS)

A guide to the Local Government Pension Scheme (LGPS) England and Wales June 2018 v5

Policy: Pension Discretions Policy

Firefighters Pension Schemes Quick Guide

A Guide to the Local Government Pension Scheme for Employees in England and Wales

Pensions and Retirement Policy

No. 249 JUNE 2011 ILL HEALTH CERTIFICATES

New starters - A guide to your pension

ABERDEEN CITY COUNCIL PENSION FUND Brief Guide to the Local Government Pension Scheme

LGPS2015 for Employers Seminar Notes

A 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

A Brief Guide to Your Pension. A guide to the benefits available to you as a member of the Local Government Pension Scheme (LGPS)

Frequently Asked Questions (FAQs)

Scheme Manager Training Firefighter Pension Schemes 8 October 2018

A Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015)

The Local Government Pension Scheme

A Guide to the Local Government Pension Scheme for Employees in Scotland (from 1 April 2015)

Registration terms and conditions

The Local Government Pension Scheme (England and Wales) Purchase of Additional Survivor Benefits

OPTING OUT An Important Financial Decision

Heads of Agreement New Local Government Pension Scheme (Scotland)

Avon Pension Fund Local Government Pension Scheme

Tyne and Wear Pension Fund. Pensions Administration Strategy. 1. The Tyne and Wear Pension Fund is part of the Local Government Pension Scheme (LGPS).

Pension Jargon. Example 2: using a 1/80 th accrual rate. Pensionable Service, 20 years Final Pensionable Salary, 30,000. Pension: 20 years x 30,000 60

SHROPSHIRE COUNTY PENSION FUND. A brief guide to the Local Government Pension Scheme (LGPS) April 2018 v7

A Guide to the Local Government Pension Scheme for Councillors in Scotland

A Guide to the Local Government Pension Scheme for Eligible Councillors in England and Wales [English and Welsh version 1.

Thank you for the Department s consultation document inviting comments on technical changes to automatic enrolment.

The Local Government Pension Scheme

Local Government Pension Scheme (England and Wales) Purchase of additional pension Elections on or after 1 April 2014 Factors and guidance

The New Police Pension Scheme Members Guide

Local Government Pension Scheme

A Guide to the Local Government Pension Scheme (LGPS) in Scotland

THE LOCAL GOVERNMENT PENSION SCHEME. Guide to Leaving the Scheme Before Retirement

THE LOCAL GOVERNMENT PENSION SCHEME. Full Guide for New Members

Local Government pensions a glance

Guidance effective from 1 April Lifetime Allowance and Additional Cash Commutation

SHROPSHIRE COUNTY PENSION FUND. A brief guide to the Local Government Pension Scheme (LGPS) July 2018 v8

Expression of wish for payment of death grant

Your Deferred Benefits Statement 2010

Transcription:

The Local Government Pensions Committee Secretary: Terry Edwards CIRCULAR Please pass on sufficient copies of this Circular to your Treasurer/Director of Finance and to your Personnel and Pensions Officer(s) as quickly as possible No. 205 - NOVEMBER 2007 UNDERSTANDING THE NEW LOOK LGPS WORKSHOPS PURPOSE OF THIS CIRCULAR: 1. This Circular has been issued to advise authorities of a number of workshops being organised by the Local Government Pension Committee in the run-up to the introduction of a New-Look Local Government Pension Scheme (LGPS) from 1 April 2008 in England & Wales. BACKGROUND: 2. LGPC Circulars 198 and 203 of May and July 2007 informed authorities that the LGPC was planning to run a series of seminars and training events on the new look LGPS, both at a detailed level during the Autumn of 2007 for administering authorities and again, at 1

a more over-arching level for employers, during January / February 2008. 3. The Autumn seminars have been run and the workshops for January/February have now been organised. Details for these are set out below. 2

WORKSHOP FORMAT: 4. The LGPC usually keeps the class size of topic-specific workshops to a maximum of 12 people to ensure that delegates get the most out of the learning experience. However, as these workshops are broader in nature and in anticipation of levels of demand for places, these workshops will have a maximum of 15 or 20 delegates according to the venue. 5. In order to continue the LGPC s plan to deliver training as locally as practicable, the workshops are to be held in a number of locations across the country. 6. At the workshops, delegates will have the benefit of an experienced tutor, and also a detailed workbook they can take away for future reference. If the associated GAD Guidance has been issued by the time of the workshops there may also be some hands-on exercises. Each Understanding workshop will start at 10:00 a.m. and finish no later than 4:00 p.m., with lunch and refreshment breaks included. As the workshops are delivered locally this should avoid the time and expense of overnight stays for many delegates. INTENDED AUDIENCE 7. These workshops will cover the basic structure of the New-Look LGPS for 2008 in England and Wales, incorporating the transitional arrangements for the reckoning of accrued LGPS rights. The workshops are primarily aimed at staff of Employing Authorities although they will be of interest to Administering Authority staff and others. 8. The workshops will not necessarily be suitable for delegates with little or no experience of the Local Government Pension Scheme for whom more foundational material such as Insight or Fundamentals training courses may be more appropriate*. This is because to fully understand the operation of the new look scheme in 2008, it is advantageous to already have a grasp of the existing 1997 scheme terms. 3

*These will run again during 2008 and will be advertised via LGPC Circulars as normal 4

WORKSHOP DATES AND LOCATIONS 9. 24 January 2008 - Leeds Marriott Hotel 29 January 2008 - Lincoln - Holiday Inn Hotel 31 January 2008 - London 1 - Local Government House, 5 February 2008 - Cardiff - Marriott Hotel 7 February 2008 - Birmingham Jurys Hotel 12 February 2008 - Liverpool Marriott Hotel 19 February 2008 - York Marriott Hotel 21 February 2008 - Peterborough Marriott Hotel 26 February 2008 - Exeter Thistle Hotel House 28 February 2008 - London 2 - Local Government 4 March 2008 - Bristol Thistle Hotel 6 March 2008 - Durham - Cricket Club 11 March 2008 - Maidstone Ramada Hotel COST AND BOOKING 10. The delegate rate for each seminar, inclusive of lunch, refreshments and all delegate materials is 165 plus VAT at the standard rate. 11. Early booking is highly recommended as places are limited. Bookings are made via the on-line events booking facility which is part of the Local Government Employers website at www.lge.gov.uk. Please be sure to note our cancellation policy contained in our Terms and Conditions which you will be asked to confirm you have read when completing your booking details on the booking events page. You 5

will also need full delegate details to hand including the address to which the invoice for payment is to be sent. 12. If the seminar at your preferred location is full and you do not wish to book on one at an alternative location, you are advised to enter your name on the reserves list at your preferred location. It is important to do so as, not only will you have a priority warning should any cancellations occur, but it also enables the LGPC to judge demand for future events or, on occasion, to organise overflow events. 13. If you experience any difficulties in using the on-line website booking facility, please contact Elaine English, LGPC Executive Officer, by email elaine.english@lge.gov.uk ACTIONS FOR ADMINISTERING AUTHORITIES 14. All Administering Authorities are urged to copy this Circular to all employers in their Fund (other than to Local Authorities to whom this Circular has been sent direct) or bring the Circular to the attention of employers by directing them to the Circular page contained under the Pension Section of the LGE s website at: www.lge.gov.uk Tim Hazlewood LGPC Training and Development Manager 9 November 2007 6

Appendix A UNDERSTANDING THE NEW LOOK LGPS Course content covers*: 1) Joining the Scheme - Eligibility - Automatic entry - Casual employees 2) Pay for pension purposes - Pensionable Pay - Final Pay 3) Contribution Bands - Decisions of the employer - Existing members and new starters - Whole/Part/Term-Time employees 4) How Membership Counts - Pre 2008 - Post 2008 5) Retirement Benefits - Accrual Rates - Ill-Health Retirement - Flexible Retirement - Earliest Retirement Age - Redundancy/Efficiency - The 85 Year Rule 6) Changes to Death and Survivors Benefits - Widows/Widowers/Civil Partners/Children - Nominated Cohabiting Partners 7) Ways to increase benefits - Employee - Additional Regular Contributions & AVC s - - Added Years - Employer - Grant up to 5000 extra pension - Augmentation - SCAVC s 7

8) Managing the transition - Things to do for 1 April 2008 - Communicating the Changes * The depth of coverage is, of course, dependent on both the issue of regulations and associated GAD guidance by the time of the workshops. 8

Distribution sheet Chief executives of local authorities Pension managers (internal) of administering authorities Pension managers (outsourced) and administering authority client managers Officer advisory group Local Government Pensions Committee Trade unions CLG COSLA SPPA Private clients Website Visit the LGE s website at: www.lge.gov.uk Copyright Copyright remains with Local Government Employers (LGE). This Circular may be reproduced without the prior permission of the LGE provided it is not used for commercial gain, the source is acknowledged and, if regulations are reproduced, the Crown Copyright Policy Guidance issued by OPSI is adhered to. Disclaimer The information contained in this Circular has been prepared by the LGPC Secretariat, a part of the LGE. It represents the views of the Secretariat and should not be treated as a complete and authoritative statement of the law. Readers may wish, or will need, to take their own legal advice on the interpretation of any particular piece of legislation. No responsibility whatsoever will be assumed by the LGE for any direct or consequential loss, financial or otherwise, damage or inconvenience, or any other obligation or liability incurred by readers relying on information contained in this Circular. Whilst every attempt is made to ensure the accuracy of the Circular, it would be helpful if readers could bring to the attention of the Secretariat any perceived errors or omissions. Please write to: LGPC Local Government House Smith Square London 9

SW1P 3HZ or email: tim.hazlewood@lge.gov.uk Tel 01530 242 777 Fax 01530 244 771 10