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Wednesday 24 January 2024 Friday 23 February 2024 Friday 24 March 2024 Wednesday 24 April 2024 Friday 24 May 2024 Monday 24 June 2024…
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Taking the decision to retire can be a testing and stressful time, and you will no doubt have many questions. The Cardiff and Vale of Glamorgan Pension Fund want to make this transition as smooth as possible for you, we are available to answer any questions you may have, and can help you complete any paperwork. The Cardiff and Vale of Glamorgan Pension Fund is unable to provide you with any financial advice. If you need some independent financial advice when making the decisions concerning your retirement, please visit Unbiased . How…
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The Cardiff and Vale of Glamorgan Pension Fund provides you with valuable life cover and financial protection for your family. These are the benefits payable if you were to die whilst a deferred member after leaving the Cardiff and Vale of Glamorgan Pension Fund, but before your pension is paid. The benefits that may be payable depend on when you left: Lump sum death grant If you left the LGPS on or after 1 April 2008 A lump sum of 5 times your deferred annual pension will be payable. If you left the LGPS…
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If you are unfortunate to suffer ill health, you can apply for payment of your deferred benefits at any age, without reduction, if you were permanently incapable of doing the job you were working in when you left the LGPS. If you left the LGPS after 31 March 2008 there is a further requirement that you would be unlikely to be able to have any gainful employment, withn 3 years of applying for the benefit or by your Normal Pension Age - whichever, is the earlier. The meaning of 'gainful' employment means paid employment…
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If you leave local Government employment with a deferred LGPS benefit, you can decide whether to leave your benefit in the Scheme, where they will increase with inflation each year. Or you may decide to transfer them to a new Employer's scheme or into a personal pension plan. This could even be to an overseas pension scheme. You cannot transfer your benefits within one year of your Normal Pension Age, either under the LGPS 2007 or LGPS 2013, regardless if you left before or after 1 April 2014. If you are thinking about…
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The scheme's Normal Pension Age (NPA) is linked to your State Pension Age (SPA), but you can…
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The normal scheme retirement age is 65,…
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The Scheme's normal retirement age is 65, but you can elect to receive your LGPS…
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