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LGPS - need urgent help
aah
Posts: 520 Forumite
Hello friends
I wonder if someone can help me. I believe that someone aged 50+ NOW being made redundant within the LGPS has automatic payment of "unreduced benefits" and employer must make up the shortfall (ie the actuarial reduction that is disapplied to the pension member)
Is this true? Are the benefits really unreduced? And does this apply if the redundancy is voluntary taken following receipt of at risk notice?
And, sorry to keep asking questions, if this is all true; then is it worth taking...
Any knowledge / views?
Thanks in anticipation
I wonder if someone can help me. I believe that someone aged 50+ NOW being made redundant within the LGPS has automatic payment of "unreduced benefits" and employer must make up the shortfall (ie the actuarial reduction that is disapplied to the pension member)
Is this true? Are the benefits really unreduced? And does this apply if the redundancy is voluntary taken following receipt of at risk notice?
And, sorry to keep asking questions, if this is all true; then is it worth taking...
Any knowledge / views?
Thanks in anticipation
0
Comments
-
There's info re some of your questions here for England & Wales
http://www.lgps.org.uk/lge/core/page.do?pageId=1021800
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