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LGPS Consultation - Protected Pension Age
Cowster
Posts: 24 Forumite
This may be of interest to LGPS members - the government has launched a consultation and is proposing to protect members who joined before 4 November 2021 to access their LGPS benefits from age 55.
For those who joined after this date, the Normal Minimum Pension Age will increase to 57 from 6 April 2028. More complex for those who transferred a pension arrangement into the LGPS.
https://www.gov.uk/government/consultations/local-government-pension-scheme-in-england-and-wales-scheme-improvements-access-and-protections/local-government-pension-scheme-in-england-and-wales-scheme-improvements-access-and-protections?fbclid=IwY2xjawNaJbpleHRuA2FlbQIxMQABHr48J6fItRwmGhJ-G4LVP6BfMdl5ipy9tVjsGm6aEe5eb9KvFQUB86DxQ7OL_aem_p0SONC--1mrpTotK4mIaIA#about-this-consultation
For those who joined after this date, the Normal Minimum Pension Age will increase to 57 from 6 April 2028. More complex for those who transferred a pension arrangement into the LGPS.
https://www.gov.uk/government/consultations/local-government-pension-scheme-in-england-and-wales-scheme-improvements-access-and-protections/local-government-pension-scheme-in-england-and-wales-scheme-improvements-access-and-protections?fbclid=IwY2xjawNaJbpleHRuA2FlbQIxMQABHr48J6fItRwmGhJ-G4LVP6BfMdl5ipy9tVjsGm6aEe5eb9KvFQUB86DxQ7OL_aem_p0SONC--1mrpTotK4mIaIA#about-this-consultation
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