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ANNUAL BENEFIT STATEMENTS
Annual Benefit Statements were produced in December 2011 for those Scheme members who were already in the Scheme as at 1 April 2011. If you were not already a member at 1 April 2011, you will receive your first statement as part of the 2010 run.
The Annual Benefit Statement is a key part of our communication strategy, so please take the time check your statement and notify us if you have any queries.
As your statement is sent directly to your home address, it is essential you remember to inform us if you change your address to ensure you do not miss out on important information about your valuable scheme benefits.
Contents of 2011 Statements
All statements posted in December 2011, were accompanied by explanatory notes, explaining how the information on the statement was arrived at and the effect on your benefits when they are due.
The 2009 Statement is a personal illustration of your benefit entitlement and details:
- The present value of your benefits calculated using your final pay and membership details as at 31 March 2011, confirming benefits and membership built up to and including 31 March 2008 and those built up from 1 April 2008 to 31 March 2011.
- The present value of LGPS death benefits payable if you die in service, also confirming whether the Fund has a completed LGP25 Death Grant Nomination Form on file.
- The projected value of your LGPS benefits up to the age of 65.
- A full breakdown of the total scheme membership by employer and calendar length used in the calculation.
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Any breaks in your scheme membership (e.g. strike days).
Details of Additional Voluntary Contributions (AVCs) are not included on the 2011 Statement, a separate statement will be provided by your AVC provider, if appropriate.
