Published on Merseyside Pension Fund (https://mpfmembers.org.uk)

Home > Can I draw a lump sum and access the rest of my pension at a later date?

Can I draw a lump sum and access the rest of my pension at a later date?

No, the LGPS is a Defined Benefit pension scheme which has less flexibility than a Defined Contribution pension scheme.

You normally receive an annual pension alongside any lump sum you elect to receive.

Source URL:https://mpfmembers.org.uk/content/can-i-draw-lump-sum-and-access-rest-my-pension-later-date