Pensions Increase, Paydays and Pensioner News

The following section provides key news topics relevant for pensioners.  

National Fraud Initiative

As part of the Governments' National Fraud Initiative we are required to inform you of any additional information we may need in order to administer your records.

Please note that key payroll data and personal identifiers such as contact details may be provided to bodies responsible for auditing, administering public funds or where undertaking a public function for the purposes of preventing and detecting fraud. For more details click here, or contact Greg Smith, Director of Strategic Programmes & Group Company Secretary on 0207 369 6000.

 

Year in Review (Summary Annual Report) 2014-15

Year in Review (Summary Annual Report) 2014-15



Pension Pay Days 2017-18

2017/18 Pay Dates -  This document outlines the dates in which pensioners will receive their payment from April 2017 to March 2018.

 



Combating Fraud

The National Fraud Initiative (NFI)

The LPP participates in the Audit Commission's National Fraud Initiative (NFI), an exercise that matches electronic data within and between public and private sector bodies to prevent and detect fraud.

For this initiative, we are providing details of pensioners to other bodies responsible for auditing or administering public funds. This will ensure, for example, that no pensions are being paid to persons who are deceased or no longer entitled, and that occupational pension income is being declared when housing benefit is applied for. These exercises help promote the best use of public funds.

The use of data for NFI purposes continues to be controlled to ensure compliance with data protection and human rights legislation. A revised Code of data matching practice was published and laid before Parliament on 21 July 2008.

For more information please visit the Audit Commission website



Pensions Increase 2017

The Government has approved the rate of increase for all public service pensions. The increase is effective from 10 April 2017 and is 1.00%.
 
The increase is set by reference to the Consumer Price Index in September 2016. It does not reflect the performance of the Pension Fund and we do not have the power to pay an additional increase.
 
 


LPFA Pensioner Newsletters

 

 

 

 

 

 

 

 

 

 

 

2017 Pensioner Spring Newsletter   2016 Pensioner Spring Newsletter

 

 



LGPS National Insurance Database

A data sharing project with other LGPS pension funds in England, Wales and Scotland has been undertaken in order to comply with legal requirements contained in the LGPS’s governing regulations.

Provisions contained in the LGPS Regulations 2013 mean that, if a member of the LGPS dies, it is necessary for the scheme’s administrators to know if the individual also had other periods of LGPS membership elsewhere in the country so that the right death benefits can be calculated and paid to the deceased member’s dependants.

LGPS National Insurance Database - Privacy Notice