2020 employee benefit statements / newsletters (28 July 2020)
You should receive yours by early September along with our 2020 employee newsletter.
If, once you have yours, you are thinking about contacting us about your statement, we recommend that you first read our 2020 employee benefit statements FAQs.
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 2020 (26 June 2020)
We have issued these and our 2020 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 pension update, we would appreciate you bearing with us if our phones are busy and whilst we work through our inbox.
We expect our 2020 employee benefit statements / newsletters to be on doormats by early September.
Government Consultations Update (28 July 2020)
McCloud: MHCLG has published a consultation (opens in a new window) on amendments to the statutory underpin to remove the unlawful age discrimination identified in the McCloud judgment. The proposed remedy would apply to all members who were active at 31 March 2012 and have accrued benefits since 1 April 2014 and take into account the impact of early/late retirement factors.
Reforms to termination payments: New legislation has been laid implementing a £95,000 cap on public sector exit payments with effect from 4 November 2020. The Reforming local government exit pay consultation that closes at closes on 9 November 2020 proposes further reforms to termination payments specific to local government. An impact assessment (click on ‘2020’ to access the 7 Sep 2020 items) estimates that these further reforms would affect 86% of redundancies and represent an average loss of around £13,000, because members would no longer entitled to statutory pension strain and discretionary severance pay in excess of pension strain. From 4 November 2020 up to the enactment of the MHCLG further reform proposals there is a position of legal uncertainty.
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.
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.
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.