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Annual Allowance 2023/2024 |
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The Annual Allowance calculations will soon be due for the year 2023/2024 for all scheme members currently contributing to the LGPS.
We will shortly be emailing employers a spreadsheet requesting the relevant pay details of certain groups of scheme members we believe may breach the annual allowance. Once received, we would ask employers to complete and return to the email provided no later the 5 July 2024.
Further information relating to the process can be found at the Annual Allowance post on the website.
Please get in contact as soon as possible if you are concerned you cannot meet the 5 July deadline.
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Keep us updated with any changes in staff responsible for completing our forms (authorised signatories). This can be done by completing our online form.
Payment of Pension Fund Contributions - please remember to inform us and the relevant Finance team each time you have paid your pension scheme contributions, by filling in the Monthly Contributions Form.
If you are changing your Payroll Provider, please contact the Employer & Communications Team so that we can help you through the process and make sure you retain access to historical payroll information.
TUPEs & New Academies - Please do not complete the leaver spreadsheet if members are leaving your employment and transferring to another employer under TUPE. Follow the process outlined on our website instead.
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Peninsula Pensions
Great Moor House
Bittern Road
Sowton Industrial Estate
Exeter EX2 7NL
Tel: 01392 383200
Peninsula Pensions is provided by Devon County Council and is a shared service with Somerset Council |
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