Deferred Members News 2019

Express your interest in drawing your Deferred Benefits

Number 55

If you are a Deferred member aged 55 or over, you can now complete a new webform to express your interest in drawing your deferred benefits (except on grounds of ill health, where you must contact your former employer).

When you complete the form, you will be expressing your interest in obtaining the value of your benefits rather than committing to put them into payment.

Revised Early Retirement Reduction Factors Published

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In accordance with Regulation 2(3) of the Local Government Pension Scheme Regulations 2013 and following guidance received from the Secretary of State we can now confirm that the early retirement factors have been updated with effect from 8 January 2019 and will be applied to benefits taken voluntarily before Normal Pension Age.