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.

 

Fund Member Forum 2018

This year our annual Fund Member Forum is returning to the Southbank Centre on Thursday, 13th September 2018 10am - 2pm. 

The event will be held in the newly refurbished Purcell Room, doors will open at 10:am with speeches starting at 11, there will be an opportunity for you to ask questions during the session.

Light refreshments and a buffet lunch will be provided during the day.

We hope that those of you that were able to attend, enjoyed the event and found the presentations informative. If you would like to attend please register your interest places are limited so will be allocated on a first come basis.
 
 


Pension Pay Days 2018-19

2018/19 Pay Dates - This document outlines the dates in which pensioners will receive their payment from April 2018 to March 2019.



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 2018

The Government has approved the rate of increase for all public service pensions. The increase is effective from 9 April 2018 and is 3.00%.

The increase is set by reference to the Consumer Price Index in September 2017. 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

 

2018 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