 Local Government Employers - Understanding CARE,
Pay and Final Pay Training
The next topic-specific
Understanding Workshops for Employers and Pension Administration staff are to
be run in August 2015. Further details on the expected course content for
‘CARE, Pay and Final Pay’, locations and dates can be found here.
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Ill Health Retirement
Cost of Medical Assessment: You may wish to review your policy in light
of a recent Ombudsman’s
decision
where the Ombudsman concluded that the employer was wrong to charge the member
for the cost of the medical assessment.
Ill Health Frequently
Asked Questions (FAQs): These have recently been
updated and the revised FAQs can be found here.
Please forward to colleagues within your organisation
dealing with ill-health cases and your IRMPs who will also
have an interest in this document.
 New Leaflets and Guidance
Scheme
member leaflet: Following feedback from employers, we now have a
member leaflet stating
the main benefits of the LGPS scheme. Employers can download the leaflet to
pass onto to their employees. We also plan to
include a version within the Starter Pack we send to new scheme members.
Freedom and choice: The 2014
Budget stated that reforms to workplace pensions would be made with effect from
6 April 2015. They offer greater flexibility ('freedom and choice') in the way
individuals aged 55 and over can access any Defined Contribution pension
savings they may have.
We have produced a
member leaflet on the legislation available on our website.
It would be useful to make your employees aware of this leaflet which will
greatly assist in answering any questions they may have.
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Assumed Pensionable Pay (APP)
Some employers are not including APP in
their data submissions to Peninsula Pensions resulting
in wrong benefit calculations for members. Please refer to the LGE payroll
guide to help with your calculations.
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 Absences and Additional Pensions Contributions (APCs)
There have been some recent amendments to the
regulations effecting Additional Pension Contributions (APCs) which are
detailed here.
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The End of 'Contracting Out'
With effect from 6 April 2016 'contracting out' will be abolished. To
find out what this means to employers and scheme members, please read our
summary.
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 Pension
Administration Strategies for
both Funds have been approved with effect from 1 April 2014. They are available to view on our
website.
Pensions Administration Performance Report
2014/2015 our
first shared service administration report can be found here.
Mailboxes – we
have updated our secure email addresses for employers to use. Please check you
are sending information to the right one here.
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