If you leave your job before retirement and have met the 2 years vesting period

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Number 2You will have built up an entitlement to a pension.
You will have two options in relation to that pension entitlement:
  • you can choose to keep your benefits in the LGPS. These are known as deferred benefits and will increase every year in line with the cost of living, or
  • alternatively, you may be able to transfer your deferred benefits to another pension arrangement.