LGPS increase - having claimed half way through previous year

OldBeanz

Wife retired towards the end of August 23.
She has been awarded the full 6.7% increase in pension but the LGPS web site suggests:
"The first increase to your pension after retirement will normally only be a proportion of the full increase, depending on how many months your pension has been in payment during the year."
So did she miss out in August or should she have received a proportion of the increase?

molerat

According to the tables she should have only received 4.47% or 3.91% depending on exact date of commencement.  Strange.

Dazed_and_C0nfused

OldBeanz said:

Wife retired towards the end of August 23.
She has been awarded the full 6.7% increase in pension but the LGPS web site suggests:
"The first increase to your pension after retirement will normally only be a proportion of the full increase, depending on how many months your pension has been in payment during the year."
So did she miss out in August or should she have received a proportion of the increase?

What do you mean by retired?

Left an LGPS job in August and immediately started the pension?

Or a previously deferred LGPS pension was put into payment?

If the latter when was it originally deferred?

OldBeanz

Dazed_and_C0nfused said:

OldBeanz said:

Wife retired towards the end of August 23.
She has been awarded the full 6.7% increase in pension but the LGPS web site suggests:
"The first increase to your pension after retirement will normally only be a proportion of the full increase, depending on how many months your pension has been in payment during the year."
So did she miss out in August or should she have received a proportion of the increase?

What do you mean by retired?

Left an LGPS job in August and immediately started the pension?

Or a previously deferred LGPS pension was put into payment?

If the latter when was it originally deferred?

Left employment and immediately started the pension - 5 years before normal retirement (state pension) age.

Silvertabby

OldBeanz said:

Dazed_and_C0nfused said:

OldBeanz said:

Wife retired towards the end of August 23.
She has been awarded the full 6.7% increase in pension but the LGPS web site suggests:
"The first increase to your pension after retirement will normally only be a proportion of the full increase, depending on how many months your pension has been in payment during the year."
So did she miss out in August or should she have received a proportion of the increase?

What do you mean by retired?

Left an LGPS job in August and immediately started the pension?

Or a previously deferred LGPS pension was put into payment?

If the latter when was it originally deferred?

Left employment and immediately started the pension - 5 years before normal retirement (state pension) age.

Then something seems to have gone awry.  Even using a previous best years figure for the final salary element (up to 31 March 2014) doesn't explain 6.7% being added to the whole of the pension.

I'm inclined to suspect a payroll software glitch, which would likely affect everyone in a similar situation.  Which will be picked up in due course....  Or an individual inputting error, which may or may not be picked up by later checks. 

hyubh

OldBeanz said:

Dazed_and_C0nfused said:

OldBeanz said:

Wife retired towards the end of August 23.
She has been awarded the full 6.7% increase in pension but the LGPS web site suggests:
"The first increase to your pension after retirement will normally only be a proportion of the full increase, depending on how many months your pension has been in payment during the year."
So did she miss out in August or should she have received a proportion of the increase?

What do you mean by retired?

Left an LGPS job in August and immediately started the pension?

Or a previously deferred LGPS pension was put into payment?

If the latter when was it originally deferred?

Left employment and immediately started the pension - 5 years before normal retirement (state pension) age.

Presumably the final part year CARE revaluation is being accounted for separately...?

OldBeanz

hyubh said:

OldBeanz said:

Dazed_and_C0nfused said:

OldBeanz said:

Wife retired towards the end of August 23.
She has been awarded the full 6.7% increase in pension but the LGPS web site suggests:
"The first increase to your pension after retirement will normally only be a proportion of the full increase, depending on how many months your pension has been in payment during the year."
So did she miss out in August or should she have received a proportion of the increase?

What do you mean by retired?

Left an LGPS job in August and immediately started the pension?

Or a previously deferred LGPS pension was put into payment?

If the latter when was it originally deferred?

Left employment and immediately started the pension - 5 years before normal retirement (state pension) age.

Presumably the final part year CARE revaluation is being accounted for separately...?

No she has 2 figures on her pay slip. One which amalgamates her service (continuous from pre-2008) and the other being the extra pension she bought by overshooting her AVC (might be separate as there are no benefits if wife predeceases me). Her online payslip was issued a day after she was paid and then told she would receive one through the post to be then told she wouldn't; the postman delivered some 9 days after she was paid. There has been no correspondence at all about the inflation pay rise.