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Pension statement

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  • xylophone
    xylophone Posts: 45,633 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You bet! The principle of COD is quite reasonable, but the detail is impenetrable to me. I stumbled upon the oddity that, having deferred my state pension, I reported this fact to one of my final salary schemes, which rewarded me with a "pay rise" during the period of deferral.

    This is what LGPS have to say - might be your answer?

    https://shareweb.kent.gov.uk/Documents/council-and-democracy/pensions/LGPS/guide-effect-state-pension-LGPS.pdf

    Recalculation of Pension Increases

    Sometimes the DWP is unable to pay the pensions increase (PI) on your GMP and then the local authority pay it instead. This happens if your State Pension is not being paid, for example, if you have a period of long term hospitalisation,............
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    xylophone wrote: »
    This is what LGPS have to say - might be your answer?.

    Thank you, it might. The explanation that I had over the phone was something to do with contracted in and contracted out employment, and my transferring a pension of the first kind into a final salary pension of the second kind. I understood (I think) at the time, but ......
    Free the dunston one next time too.
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