I have pension rights with another public service pension scheme

 

Under the Club transfer rules, if you opt to transfer pension rights from a public service pension scheme the amount of extra pension which is added to your pension account will be equal to the amount of pension you had built up in your pension account with your previous pension scheme (increased by that scheme’s ‘in-service’ revaluation rate if there had been a break between leaving that scheme and joining the LGPS and adjusted to take account of differences in the schemes).

 

The extra pension would be added to your pension account in the LGPS the scheme year that the transfer payment is received. 

 

Also, under the Club transfer rules, where a transfer from another public service pension scheme includes a final salary element (membership built up in a final salary scheme which in most cases is membership up to 31 March 2015) that element would buy final salary scheme membership in the LGPS provided you have not had a continuous break in active membership of a public service pension scheme of more than 5 years.

 

The transfer value will give you broadly equivalent benefits in the LGPS, provided you apply for the transfer within 12 months of joining the LGPS.

 

In addition, if you were an active member of the other public service pension scheme on 31 March 2012 and were within 10 years of age 65 on 1 April 2012, you may qualify for the underpin protection in the LGPS.  The underpin protection means that you will get a pension at least equal to the pension you would have received in the LGPS if the Scheme had not changed on 1 April 2014.