This group used to be so useful in giving advice and interpreting complex issues ... I have been unable to get onto usenet for a while (tiscalie...followed by talk talk (or all talk and no action) removing my access via outlook. Still I am back now and I remember there used to be a guy here who worked for LGPS and knew te scheme backwards. I have 2 questions; in the LGPS the staff via work email have had the statement;
"The major change to the policy is the removal of the award of augmented (increased) pension service from 1 January 2011. Currently augmentation is awarded to all members of the LGPS, who are made redundant, regardless of their age. This award will continue to be made up to 31 December 2010.
Where an employee is already under notice to terminate their employment and an award of augmented service has been made, this will be honoured. For those who have pension estimates that show an award of augmented service, but where notice of termination of employment has not been issued, augmented service will not be awarded after 31 December 2010"
What does this mean?... what augmented service are they referring to?
And, on another point, my daughter who has deferred service in the LGPS has now joined the teachers pension scheme. Now I know they are in the same "club" so transfers should be easy without actuarial reduction. Should she be advised (up to now thats been my advice) to transfer the service in the LGPS to the teachers scheme? I have told her that when the time comes and she finally retires she won't remember she has 2 scheme memberships under the LGPS and 1 under the teachers scheme, and the schemes may have difficulty if she is deferred and moves house a number of times and the service will be lost since she won't remember. Yours advice please? ta