Merseyside Pension Fund scoops top pension award
Submitted by Administrator on April 4, 2022 - 8:58amMerseyside Pension Fund has won the ‘Investment Innovation’ award at the 2021 LAPF Investments awards in London.
Merseyside Pension Fund has won the ‘Investment Innovation’ award at the 2021 LAPF Investments awards in London.
Merseyside Pension Fund has issued a statement about the situation in Ukraine.
The Fund has published its annual newsletter for LGPS pensioners, ‘The Honeypot’. This issue's leading article describes the 3.1% increase to local government pensions from April 2022. A printed copy of this newsletter will be received by pensioners very shortly.
If you reached State Pension Age (SPA) before 6 April 2016, payment of the increases to your pension may be shared between Merseyside Pension Fund and the government (DWP). Your pension may comprise of two elements: Guaranteed Minimum Pension (GMP) and pension in excess of GMP. A GMP applies if you were a Scheme member between 6 April 1978 and 5 April 1997 and have reached SPA.
If you are aged under 55 and retired on the grounds of ill health, or your deferred pension was brought into payment because you are permanently unable to undertake any regular full-time employment, you will receive an increase to your pension in April.
Merseyside Pension Fund does not normally post a payslip to you each month, as for the majority of pensioners, the amount paid each month does not alter significantly.
In 2022 your local government pension will continue to be paid no later than the 10th of each month by Merseyside Pension Fund.
In early May, we will post a P60 certificate to everyone who received a pension in the Tax Year 2021/2022.
On 11 April 2022, local government pensions will increase by 3.1%. This increase is calculated in line with September 2021’s CPI inflation figure. April’s pension payment will be a combination of two different annual rates.
Merseyside Pension Fund (MPF) takes Environmental, Social and Governance (ESG) issues including human rights extremely seriously. Our recently revised Investment Strategy Statement includes our approach to Responsible Investment.