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. More information on the National Fraud Initiative

Do you need a P60?

You may never need a printed copy of your P60.

What is a P60?

A P60 is a statement which is issued to taxpayers each year. The P60 contains information about how much you have earned and how much tax you have paid (if applicable).


When do I need a P60?

You may never need a paper version of your P60 as often just having the figures will suffice. You may need information from your P60 in the following scenarios:

  • Filling in a self-assessment tax return
  • Applying for a mortgage or tax credits
  • Claiming a tax refund
  • Queries with HMRC

If you are registered for Member Self Service then you can view your P60 at any time, meaning that there is no need for printing and storing things manually. Your online account acts as a virtual filing cabinet for your P60s and pay slips. You will find the P60 under the Member Documents option once you are logged in.


If you haven't already registered for Member Self Service why not register now!

 



LPFA Pensioner Newsletters 2019

2019 Pensioner Spring Newsletter



Brexit

We are aware that Brexit has created a huge degree of uncertainty for people. Your entitlement is set out under law and is not linked to market returns; we do not envisage any problems in continuing to make payments to pensioners living overseas.



Pension Pay Days 2019-20

2019/20 Pay Dates - This document outlines the dates on which pensioners will receive their payment from April 2019 to March 2020.

 

 



Pensions Increase 2019

The Government has approved the rate of increase for all public service pensions. The increase is effective from 8 April 2019 and is 2.4%.

The increase is set by reference to the Consumer Price Index in September 2018. It does not reflect the performance of the Pension Fund and we do not have the power to pay an additional increase.


Changes to Survivor Benefits

Changes to survivor benefits for same sex spouses and civil partners

Changes have been made to the scheme rules that provide survivor benefits payable to a same sex spouse or a civil partner. They now equal those paid to the widow of a male member. 
 

Why has the change been made? 

The change has been made as a result of a Supreme Court judgment (Walker v Innospec) which found that Mr Walker’s male spouse was entitled to the same benefits that would have been paid if Mr Walker had left a widow in an opposite sex marriage.
 

Why does this apply to the LGPS? 

The government believes that the implication of this judgment for all public service pensions schemes, including the LGPS, is that surviving civil partners or surviving same sex spouses should be provided with benefits equal to those that would be left to the widow of a male member. 
 

When does the change take effect from? 

The change is backdated to the date the civil partnerships and same sex marriages were introduced – this is 5 December 2005 for civil partnerships and 13 March 2014 for same sex marriages. 

This means that where a member of the LGPS has died leaving a surviving civil partner or a same sex spouse, the survivor’s pension in payment will need to be reviewed and any additional amounts paid, where applicable. We are in the process of reviewing the impact of this change and will be contacting affected civil partners and same sex spouses in due course.
 


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



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