News

This section provides news for members of the scheme.

Government denied request for an appeal in McCloud case

The Supreme Court denied the Government’s request for an appeal on 27 June 2019, in the McLeod case in respect of age discrimination and pension protection. We are waiting for details on the next steps but expect that the Home office/Government will now start to work on ‘remedy’. The implications of this ruling could be far more wide ranging than the Firefighters scheme as similar protections were introduced into all the unfunded public sector scheme as they moved from Final Salary to Career Average Revalued Earnings (CARE). The LGPS had taken a different approach to protect members close to state pension, however until we receive further information we don’t know who would be covered in any ‘remedy’.



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!

 



Changes to Survivor Benefits

Scheme Improvement for Dependants

Following a recent Supreme Court judgement, the Home Office have issued amendment regulations that will provide benefits to surviving civil partners and surviving spouses of same-sex marriages that are equal to the benefits that would have been provided had the member been male and the survivor been female. The amendment will have effect back to 5 December 2005 for civil partnership cases and back to 13 March 2014 for same-sex marriage cases.

We will review any past cases and pay improved benefits if appropriate.



Pensions Increase 2019

Both deferred and pensioner members receive an annual cost of living award applied to their pensions. This ensures they keep up with the cost of living.  

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.

 
If you have retired throughout the year you will receive a slightly lower pro rata rate:  

 

Pensions Beginning
 

 Increase                

6 April 2018 - 23 April 2018  2.4%
24 April 2018 - 23 May 2018  2.2%
24 May 2018 - 23 June 2018  2%
24 June 2018 - 23 July 2018  1.8%
24 July 2018 - 23 August 2018  1.6%
24 August 2018 - 23 September 2018  1.4%
24 September 2018 - 23 October 2018  1.2%
24 October 2018 - 23 November 2018  1%
24 November 2018 - 23 December 2018  0.8%
24 December 2018 - 23 January 2019  0.6% 
24 January 2019 - 23 February 2019  0.4%
24 February 2019 - 23 March 2019  0.2%

 Where the value of your pension payment is relatively low, you may wish to arrange to have this paid on a quarterly basis to avoid unnecessary charges. If you would like to discuss this please contact us



Pay Days 2019-20

 

Month

Payment Date

April 2019

25 April 2019

May 2019

30 May 2019

June 2019

27 June 2019

July 2019

25 July 2019

August 2019

29 August 2019

September 2019

26 September 2019

October 2018

31 October 2019

November 2019

28 November 2019

December 2019

19 December 2019*

January 2020

30 January 2020

February 2020

27 February 2020

March 2020

26 March 2020

* Please note pensions are paid early in December due to the Christmas period.