In previous editions of Pensions Line we have asked employers to provide retiring employees links to our retirement process guide. We have recently learnt that not all employers are in contact with employees when they leave voluntarily. If you are one of these employers we would ask that you add a link to an appropriate place on your intranet. Suggested wording:
“If you are a member of the LGPS, aged 55 or over you could receive your pension upon leaving. Please visit Peninsula Pensions retirement pages for more information and timescales. If you are under age 55 please visit their leaving before retirement pages.”
Recently we have had a number of Devon Pension Fund invoices issued by Bethany Wilkinson, where payment has been made to Devon County Council as opposed to Devon County Council Pension Fund. This has included invoices relating to IAS19/FRS102 Report work, causing delays in the receipting and allocating of payments received.
The Devon Pension Fund is separate to Devon County Council. Therefore please can you ensure that when you pay a Devon Pension Fund invoice, it is paid to the fund not Devon County Council. This will avoid delays in receipting payment of invoices. Details of how to make payment to the Devon Pension Fund can be found on the Peninsula Pensions website.
On 19 September 2021, the Government announced that the Ministry of Housing, Communities and Local Government (M H C L G) will become the Department for Levelling Up, Housing and Communities (D L U H C).
For more information, see the press release.
Kemi Badenoch MP (Saffron Walden) has taken over from Luke Hall as the minister responsible for the L G P S in England and Wales.
Please could we remind Devon Pension Fund employers/payroll providers to only submit the monthly contribution form (EAS5) once per each employer number. The EAS5 submission will not be required for those Employers/payroll providers with whom we have an approved spreadsheet submission. If you have submitted incorrect information please email: pensionfundcontributionseas5-mailbox@devon.gov.co.uk
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