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Ill health tiers :: LGPS Scotland

WebYou qualify for Tier 2 if you are likely to be able to undertake gainful employment before your Normal Pension Age. The ill health benefits you would receive are: plus 25% of the …

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URL: https://www.scotlgpsmember.org/your-pension/planning/ill-health-retirement/ill-health-tiers/

Paying less :: LGPS Scotland

WebYour contributions are based on how much of your pay falls into each tier. Your actual pensionable pay. Main section contribution rate. 50/50 section contribution rate. On …

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Assumed Pensionable Pay :: LGPS Scotland

WebAssumed Pensionable Pay is used to work out the increase to your pension when you are awarded ill health benefits. Assumed Pensionable Pay is the average pay you receive in …

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Taking your deferred pension :: LGPS Scotland

WebIf you left the LGPS on or after 1 April 1998. Your deferred benefits are payable in full from your Normal Pension Age in the LGPS. You do not have to take your deferred benefits at …

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Overview :: LGPS Scotland

WebOverview. If you have to leave work because of illness, your LGPS benefits may be paid straight away. Ill health benefits can be paid at any age. Your pension would not be …

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What to expect from your pension fund and employer

WebWhen you first join the LGPS, and when a decision is made about your pension, your employer or your pension fund must contact you. Your employer and pension fund can …

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Planning :: LGPS Scotland

WebThe choices you make when you take your pension will affect your income in later life. Find out about when you can take your pension, swapping pension for lump sum and what …

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Home :: LGPS Scotland

WebFind out how the scheme is run and what to expect from your pension fund and employer. About the LGPS. 22 Feb 2024. Pensions increase 2024. 06 Sep 2023. Check your …

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Facts and figures :: LGPS Scotland

WebThe figures. Across Scotland the LGPS currently has 637,044 members: 256,457 people are currently paying into the LGPS. 215,539 people are being paid a pension from the LGPS. …

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Ill health retirement and paying extra :: LGPS Scotland

WebBuying extra years in the LGPS (added years) If you are paying for extra years when you take an ill health pension, you will normally be credited with the whole extra period of …

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Taking your pension :: LGPS Scotland

WebOverview. You can take your LGPS pension at any time from age 55 to 75, as long as you have met the two-year vesting period. You must take your pension by age 75. If your …

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Taking your pension and paying extra :: LGPS Scotland

WebThis will increase the value of your LGPS pension. If you choose to take your pension before age 65, or you are retired on the grounds of redundancy or business efficiency before …

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Paying more :: LGPS Scotland

WebThe most that you can buy is £8,030 (24/25 rate) of extra yearly pension. You can pay for the extra pension by paying Additional Pension Contributions (APCs) over a number of …

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Qualifying for ill health benefits :: LGPS Scotland

WebQualifying for ill health benefits. You must have met the two year vesting period in the LGPS to qualify for ill health benefits. Your employer must be satisfied that you are …

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Frequently asked questions :: LGPS Scotland

WebA list of questions on popular topics. This is where you will find information about death benefits, the McCloud court case and pensions and divorce. Cost of living crisis. Strike …

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Ill health retirement – special cases :: LGPS Scotland

WebIll health retirement – special cases. In some cases, your ill health pension will be worked out differently. You can find out more about the differences in this section.

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