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LGPS strain payments
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The 'normal' early retirement scenario will be the member choosing to draw their benefits before their NPA (typically their CARE NPA), so the fact of a possible actuarial reduction is assumed. It's not really appropriate for the scheme administrator to start quoting hypothetical strain costs to members, as whether the employer is open to paying for an early retirement is down to them.sevenhills said:My WYPF gives examples of what you can expect to get at 60/65/67 etc it doesn't mention anything about other costs.1
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