You are here

If you paid extra

If you paid additional contributions to buy added years, you will have been credited with the extra period of membership that you paid for to the date of leaving. This has increased the value of your deferred benefits.

If you paid in-house AVCs, the value of your AVC fund will continue to be invested until it is paid out. Your AVC plan is similar to your main LGPS benefits: it can be transferred into another pension arrangement, be drawn at the same time as your LGPS benefits or you may be able to defer payment until the eve of your 75th birthday at the latest.

As you can no longer pay in-house AVCs after leaving, any extra life cover paid for through AVCs has ceased.

Employees in England and Wales who left the LGPS after 31 March 2008

If you were making additional payments to buy extra LGPS pension, your deferred benefits will have been increased by the amount of extra pension that you had paid for at the date of leaving. This has increased the value of your deferred benefits.

Councillors in Scotland: if you paid extra

If you paid additional contributions to buy extra LGPS pension, your LGPS pension and lump sum will have been increased by the amount that you had paid for at the date of leaving. This has increased the value of your deferred benefits.

If you are were paying instalments to buy earlier councillor service between 1 January 1995 and 3 May 2007, you had the option to pay the balance of any instalments due within 3 months of leaving. You will have been credited with the extra pension in respect of the earlier councillor service that you paid for. This has increased the value of your deferred benefits.

Buying earlier councillor service only applies to councillors in Scotland.

Conseq