A question about : LGPS Deferred Benefits
I'd be grateful if anyone on here could put my mind at rest.
I worked for an English local authority for about 10 years before leaving in the year 2000. I earned quite a reasonable managerial salary in those days, but left to stay at home and look after my family. I have deferred benefits due to start paying a pension when I turn 60. It's not a fortune, just a few K a year, but will form an important part of my income in retirement, not least because it pays out at 60.
For the last four years I have been doing a little zero hours contract job for another local authority. I told them when I started that I did not wish to join the pension scheme as my current job pays very little and I did not wish it to complicate the position vis a vis my other pension. They ignored my instructions and enrolled me, and subsequent attempts to resolve this got me nowhere, so in the end I gave up.
I now have the opportunity to do a few more hours a week with a neighbouring authority as well, so the same issue will arise there.
Will these trivial pension contributions I have made (and could make in the new job) impact negatively on the deferred pension rights I accrued all those years ago? (I know the pension scheme has changed since I left). And should I make contributions in the new job as well?
I'd be grateful for any advice. Thank you.
Best answers:
- I assume that you will not become eligible for state pension until after 6 4 16?
If so, see https://www.gov.uk/new-state-pension/overview - Thank you very much for your advice, hyubh.
No, I won't be eligible until after 6/4/16, xylophone.
Thanks for your responses. - I've just been having a look at the LGPS CARE scheme online. Just to be absolutely clear, the date at which my earlier pension is payable hasn't changed from 60 has it ?
Thanks guys.
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