Local Government Pension Scheme

If you join the LGPS and leave after 1 year this does not meet the 2-year vesting period.

If you subsequently after some time rejoin the LGPS can you count that previous year of membership towards the 2-year vesting period?

Comments

  • Silvertabby
    Silvertabby Posts: 9,968 Forumite
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    Ed-1 said:
    If you join the LGPS and leave after 1 year this does not meet the 2-year vesting period.

    If you subsequently after some time rejoin the LGPS can you count that previous year of membership towards the 2-year vesting period?
    Yes, as long as you re-join within 5 years.
  • Ed-1
    Ed-1 Posts: 3,951 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 11 May at 2:12PM
    Ed-1 said:
    If you join the LGPS and leave after 1 year this does not meet the 2-year vesting period.

    If you subsequently after some time rejoin the LGPS can you count that previous year of membership towards the 2-year vesting period?
    Yes, as long as you re-join within 5 years.
    And is this done automatically or do you have to transfer the previous period of membership?

    If you end up not rejoining within 5 years can you get a refund of contributions made?
  • MX5huggy
    MX5huggy Posts: 7,125 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ed-1 said:
    Ed-1 said:
    If you join the LGPS and leave after 1 year this does not meet the 2-year vesting period.

    If you subsequently after some time rejoin the LGPS can you count that previous year of membership towards the 2-year vesting period?
    Yes, as long as you re-join within 5 years.
    And is this done automatically or do you have to transfer the previous period of membership?

    If you end up not rejoining within 5 years can you get a refund of contributions made?
    I wouldn’t trust that it was done automatically even if they say it is. 

    You can a refund but it would only be your contributions minus tax compared to transferring it to any other pension where you will get your contributions plus the employer contributions and not pay tax. 
  • Silvertabby
    Silvertabby Posts: 9,968 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Ed-1 said:
    Ed-1 said:
    If you join the LGPS and leave after 1 year this does not meet the 2-year vesting period.

    If you subsequently after some time rejoin the LGPS can you count that previous year of membership towards the 2-year vesting period?
    Yes, as long as you re-join within 5 years.
    And is this done automatically or do you have to transfer the previous period of membership?

    If you end up not rejoining within 5 years can you get a refund of contributions made?
    It should be done automatically if you re-join the same LGPS.  But if you are employed by another local authority then you will have to declare your previous service on your new joiner forms.

    You would only be able to take a refund if you request that before you are re-employed.  But that would not be a good option, as you would only receive your own contributions less tax.  
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