Pensioners needing to inform us of a change of bank details, should be aware of the correct procedure that needs to followed, in order to prevent a delay in receiving their monthly payment.
The next issue of our annual newsletter for LGPS pensioners, ‘The Honeypot’, will not be published in December.
The Fund has published its Report & Accounts for 2014/15. It details the Fund's investment and administrative performance for the year ending 31 March 2015.
Merseyside Pension Fund will be closed over the Easter period from 5pm on Thursday 2 April 2015 until 9am on Tuesday 7 April 2015.
The period for applications to serve on the new Local Pension Board as member representative, employer representative or independent chair is now closed.
Local government pensions will be increased by 1.2% from 6 April 2015 in line with the government's method for increasing public sector pensions, namely the increase in the Consumer Prices Index in the 12 months to September 2014.
You may be interested to know that there are some changes to the governance arrangements for pension funds within the Local Government Pension Scheme.
These changes are part of the reform of Public Sector Pension Schemes which began in 2011.