Kirk Sandall Junior School

Enjoying who we are, learning what we can be...

LGPS

 

By virtue of regulation 60 of the LGPS Regulations 2013 and paragraph 2(2) of Schedule 2 to the LGPS (Transitional Provisions, Savings and Amendment) Regulations 2014, Scheme employers are required to prepare and publish a written policy in relation to five specific discretions. These are:

 

Benefit Regulation 16:                                                                                  

The funding of additional pension for a member either through regular contributions or by lump sum

                                                 

Benefit Regulation 30 (6):    

Flexible Retirement

 

Benefit Regulation 30 (8):     

The waiving of the actuarial reduction in those cases where a member voluntarily retires early    

                                                          

Benefit Regulation 31:         

The awarding of additional pension to a member

 

Transitional Regulations - Schedule 2 of the Transitional Regulations:

Whether to “switch on” the 85 year rule for a member voluntarily drawing benefits on or after age 55 and before age 60    

To view our policy please Click Here