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PENSIONER NEWS ARCHIVE 2010

NOVEMBER
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Fund Survey 2010
Fund Survey 2010
THE FUND would like to thank all 392 users who took the time to complete our 2010 survey, which was available to complete between 28 June 2010 and 1 November 2010. We will shortly report full findings. These will be invaluable in helping us shape our services to members in the future.
 
Congratulations to Mrs V Carrington from Liverpool, who won the prize draw of those Fund members who completed the Survey. Her reward is £25 worth of high street vouchers. Well done!

OCTOBER
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Spending Review 2010 (PDF, 106 pages, 2.03MB)Comprehensive Spending Review 2010
THE CHANCELLOR OF THE EXCHEQUER has announced the Government's 2010 Spending Review. It outlines the government's spending plans for the next four years.  You can download the document ‘Spending Review 2010’ from HM Treasury’s website.

The Fund has published its Report & Accounts for the year ending 31 March 2010.

SEPTEMBER
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The latest issue of our periodic newsletter for Pensioners of the Fund has been published. This issue includes details of a change to how your local government pension will be increased from April 2011, together with a range of articles and our Autumn competition.
The Government has announced a change to how public sector pensions will be increased in line with inflation from April 2011.

AUGUST
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The Fund is delighted to have been shortlisted in three categories by Professional Pensions in its 2010 Awards.

JULY
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Essential Maintenance - Saturday 31 July 2010
The Fund’s ‘My Pension Online’ service will be unavailable on the afternoon of Saturday 31 July 2010.

JUNE
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Fund Survey 2010
THE FUND would like to hear from you. We would be very grateful if you could spare a few moments to complete our 2010 Survey. If you are a member of Merseyside Pension Fund you can be entered into a draw to win a £25 high street gift voucher of your choice.

APRIL
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Dependants' Guide 2010 (PDF, 48 pages, 755KB)Dependants' Guide
The Fund has published the April 2010 version of its Dependants' Guide. In the main, this guide deals with the Local Government Pension Scheme (LGPS) benefits payable to dependants on the death of a Scheme member. It explains who is eligible, how to make a claim, the necessary documents you need to produce and the procedures to follow.

Pension Payslips - April 2010Fund Statement - April 2010 Pension Payslips
 
The Fund would like to explain why 6,000 of our 40,000 pensioners have received two payslips in the post this month in respect of their April 2010 payment of pension.
 
 
This reflects a notification from Her Majesty’s Revenue & Customs (HMRC) of a change of tax code from the beginning of the 2010/2011 tax year for 6,000 pensioners. These have been received by tax payers and non-tax payers alike.

If you do not pay income tax, you will notice two separate payslips confirming the same amount of pension payable. This correct amount of pension will have credited to your bank or building society account.

If you do pay income tax, the two payslips received show different amounts of pension payable – this reflects both your old and new tax codes. You are advised to check your bank or building society to confirm the actual amount of pension credited. This will be the correct amount after the tax code change and is the ‘Net Pay’ in one of the two payslips you have received.

If you think your tax code for 2010/2011 might be incorrect, please telephone HMRC on 0845 302 1459.

MARCH
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In April 2010, there will be no increase to your local government pension. Your pension will remain at the same level that is currently in payment.

The Honeypot 5 - March 2010 CORRECTION
Eagle-eyed readers of the March 2010 issue of our newsletter for Pensioners will have noticed an error on page 3. The Table columns headed '2009' and '2008' should contain the figure '£000' below rather than '£0'. These figures are correctly represented in the Financial Statements of the Fund's Report & Accounts 2008/09. The Fund apologises for this inaccuracy.
The latest issue of our periodic newsletter for Pensioners of the Fund has been published.
FEBRUARY
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THE FUND has published Fact Sheet 10, explaining recent changes to the LGPS which may affect the survivor’s pension payable on your death if you are in a registered civil partnership or have nominated a cohabiting partner to receive a survivor’s pension and you have LGPS membership before 6 April 1988.
JANUARY
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THE FUND has published a new fact sheet in its series of guidance notes to members. Fact Sheet 6 details how the Scheme provides valuable life cover and financial protection to your family in the event of your death.