News Archive

Local Government Pension Scheme 'Drop in Day'

Following the success of the drop in day held at Bexley Civic Offices during 2008, the London Pension Fund Authority, who administer the Local Government Pension Scheme, on behalf of London Borough of Bexley, will be visiting again on Monday 7th September 2009.

Please see the LPFA 'Drop in Day' advertisement for full details if time and location.

 

Prudential Additional Voluntary Contributions (AVC's): Presentations & Face to Face Meetings

If you are member of the Local Government Pension Scheme (LGPS) you already benefit from a final salary scheme. You may want to learn about the options available to you to increase your pension through the in-house Additional Voluntary Contribution (AVC) scheme provided by Prudential.

We have arranged some pension presentations during September '09, which aim to provide you with factual information on in-house AVC's provided by Prudential. Specialist Retirement Consultants will be able to explain the tax advantages of retirement saving in this way. After the presentations, which will take no longer than 1 hour, there will be an opportunity to talk to these Consultants and apply for AVC's if you wish, plus an opportunity to book a personal face to face meeting.

If you are interested and would like to book a place on one of the forthcoming presentations please download the presentation registration form (MS Word - 191KB) and follow the instructions.

LPFA 'Drop In' Day

Your opportunity to meet representatives from the London Pension Fund Authority, who administer the Bexley Local Government Pension Scheme, on behalf of Bexley. These will be informal sessions enabling you to ask the team your questions “face to face”, and to pick up information about the national changes to the scheme from April 2008.

Please click the following link for full advert with time and location. LPFA 'Drop In' Day advertisement

Inability to Supply Combined Pension Forecasts

Due to changes to be made to the Department of Work and Pensions (DWP) computer systems as a result of changes to the State Scheme anticipated to be approved by Parliament in July, the DWP have informed us that they will not be able to supply combined pension forecasts information after July 31st 2007 for a year or so. We will therefore be unable to include the State Scheme information on your members Annual Benefits Statements issued after July 31st 2007.

For ease of administration, to avoid a ‘catch up’ exercise later and to ensure we are ready to commence including this information again when the DWP restore the service, we will continue to maintain your members’ preferences, including asking new members, as to whether they wish to receive Combined Pension Forecasts. We also include an explanation on your members annual benefit statement itself of why the information has not been provided this year.