Normal retirement occurs at the age the scheme will pay your benefits without actuarial reduction or enhancement as of right – your Normal Pension Age (NPA).
All pensions in payment or built up before April 2014 will be protected.
The proposed LGPS 2014 has an option that allows employees eligible for LGPS membership to elect to contribute less and receive less benefit in return instead of opting out of the scheme altogether.
The Local Government Association (LGA) and trade unions announced the outcome of their negotiations on new LGPS proposals (for England and Wales).
All pensions in payment or built up before April 2014 will be protected.
This overview sets out the main features of the proposed LGPS 2014 starting from 1 April 2014.
The NEU and other unions have produced a joint letter on an issue with the ‘best consecutive 3 in 10’ average salary calculation in the TPS final salary pension scheme.
The NEU is aware of an issue with the ‘best consecutive 3 in 10’ average salary calculation in the TPS final salary pension scheme which can lead to potential losses for members.
A phased return to work is a way of enabling employees to return to their duties in a gradual way following illness or injury.
Fit note guide to return to work with phased return, altered hours, duties, or adaptations.
