2021 employee benefit statements and newsletters (4 August 2021)
You should receive yours by early September along with our 2021 employee newsletter.
If, once you have yours, you are thinking about contacting us about your statement, we recommend that you first read our 2021 employee benefit statements FAQs (PDF).
If you contact us, we would appreciate you bearing with us if our phones are busy and whilst we work through our inbox.
Deferred benefit statements 2021 (21 June 2021)
We have issued these and our 2021 newsletter for deferred members.
If you have not received yours, it is possible that we do not hold an up to date address for you, in which case please provide us with your current address using our Notify Change of Personal Circumstances Form
You can scan and email the form to us.
For security reasons, we are not able to accept address changes over the phone.
We always recommend that members who move advise us of their new address.
If you have contacted us about your deferred benefit statement, we would appreciate you be
a ring with us if our phones are busy and whilst we work through our inbox.
We expect our 2021 employee benefit statements and newsletters to be on doormats by early September.
Government Consultations Update (15 February 2021)
Fair Deal: The proposed amendments (.GOV.UK opens in a new window) to the LGPS Regulations would, in most cases, give transferred staff the right to stay as members of the LGPS.
Male survivor benefits: The Chief Secretary to the Treasury has made a written statement (opens in a new window) on remedying survivor benefits for opposite-sex widowers and surviving male civil partners where male survivors remain entitled to a lower survivor benefit than a comparable same-sex survivor.
McCloud: On 11 May the Queen’s speech announced there will be a Public Service Pensions and Judicial Offices Bill to ensure equal treatment for all members within each of the main public service pension schemes, following the reforms to change schemes to career average. This was followed up by a Ministerial Statement on 13 May confirming that: ‘The overarching aim is that the changes will address the findings of the Courts and provide protection to all qualifying members when their benefits are drawn from the scheme...regulations giving effect to these changes will be made after new primary legislation in relation to public service pensions has completed its passage through Parliament and the Government’s intention is that regulations will come into force on 1 April 2023'.
Restriction of public sector exit payments in England: £95K cap disapplied: The government has announced that parts of the restrictions on public sector exit payments that came into force in November are disapplied. The Treasury’s updated guidance states: “After extensive review of the application of the Cap, the Government has concluded that the Cap may have had unintended consequences and the Regulations should be revoked. HMT Directions have been published that disapply the Cap until the Regulations have been revoked.”
Tax relief for low earners: The government is seeking industry views (opens in a new window) on how to end the net pay anomaly affecting low-paid earners in the pensions tax relief system. One option is to, instead of employers using net pay arrangements as is the case now, allow a pension scheme to claim tax relief at the relevant basic rate from HMRC with the employee claiming other relief from HMRC.