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FAQs

Information in this area

Can I continue to pay contributions now that I have left employment?

No, you must be working for Local Government or an employer that uses the LGPS as their occupational pension in order to make pension contributions.

Can I convert part of my annual pension to increase my lump sum?

At retirement, you must decide if you want to reduce your annual pension to increase the tax free lump sum value.

Can I transfer my deferred benefits to my new pension provider?

The Clwyd Pension Fund will transfer your LGPS benefits to your new pension provider upon request so long as your new pension provider will accept the transfer.

How have my benefits been calculated?

Pensions are based on membership accrued (pro-rated for part-time and term-time members) and full-time equivalent pay at retirement.

Should I inform the Pensions Section if my circumstances change?

Yes. The Clwyd Pension Fund sends you annual benefit statements each year.

What happens to the benefits if I die before I become a pensioner?

A death grant lump sum is paid to your Beneficiaries or to your Estate. The amount of death grant depends on when you left the pension scheme.

When can I receive my deferred pension from the scheme?

You can receive the pension from age 60. You will be contacted by the Clwyd Pension Fund just before your 60th birthday to ascertain if you want to take your deferred benefits.

Will the value of my benefits increase between now and retirement?

The value of your deferred benefits is index linked. The pensions increase rate is determined each September and applied to the pension the following April.

Updated on: 01-Jul-2010 12:47:44