Pensions ServiceCharter Mark

What's new

Pensions - What's New Pensions - What's New

Introduction
This section is intended to allow pensioners and employees of the council access to information and reports about the Local Government Pension Scheme (LGPS) and the Council's pension fund.

Teachers are members of a separate pension scheme that is run by the Department for Education and Skills. Details about this pension scheme can be found at www.teacherspensions.co.uk.

The LGPS is set up by law and benefit levels are defined by legislation passed by Parliament. Benefits are based on pensionable pay and length of membership of the scheme. They are not dependent on the investment performance of the Pension Fund. Instead, the benefit levels are set out in the Pension Scheme Regulations, made under the 1972 Superannuation Act.

The LGPS provides a broad range of benefits:

  • an annual pension based on final pay and period of membership
  • the option to take a tax free lump sum
  • life assurance cover of at least three times yearly pay
  • partners's and children's pensions for deceased members.
  • enhanced pensions paid early if members have to stop work permanently because of ill health.
  • a pension which will be increased each year in line with inflation after leaving employment.
  • a pension that maybe paid from age 55.

Details of the LGPS are shown in the brief guide to the LGPS which is also available by telephoning 020 8871 8036. You can view a timeline of recent changes to the LGPS - Updated.

All the documents available on this page are held in Adobe's pdf format.

Charters setting out our service standards to you
Our Charters have been written to provide information about the service we provide and who to contact if you have a question, comment or complaint. If you have any difficulty using the Charter, or if you feel it can be improved, please email us pensions@wandsworth.gov.uk

  Current members contributing to the scheme (103 kb)
  Members with a preserved retirement benefit (95 kb)
  Pensioners (83 kb)

Joining the scheme

Election form to join the Local Government Pension Scheme
Transfers of pension rights from other schemes

Useful publications
for Current Members available from other Organisations
Information about your Combined Pension Forecast
Form to specify a beneficiary for consideration as a recipient for your death in service lump sum

Civil Partners - Guide to the LGPS
Nominated Partners - Form to nominate a partner for survivor benefits

Paying extra contributions
Information about ways to increase your LGPS pension are given in the leaflet "Paying Extra Contributions".

pdf icon Paying extra contributions (157 kb)

You can download a MS Excel spreadsheet to help you calculate what extra contributions you could make to acheive a target extra pension amount.

Excel icon Extra contributions calculator (62 kb)

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Leaving the Scheme

Early leavers information leaflet and form
Application for payment of retirement benefits 
A guide to useful publications for Pensioners available from other Organisations

Dependants Pensions

Application for payment of a dependants pension (including eligible children)
Application for payment of a civil partner's pension

Pension Scheme Disputes

 Guide to the dispute procedure - Including an application form
 Policy statement on discretions in the Pension Scheme

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Newsletters

Current members Pensioners Deferred members
April 2008
August 2007
February 2007
October 2006
June 2006
May 2006
July 2005
April 2005
April 2008
October 2007
June 2007
April 2007
October 2006
April 2006
October 2005
April 2005
August 2007
August 2006

 

Pensions Service user groups
Please follow the link below to read the minutes of the meeting and see the action plan.  We are looking for more volunteers to join us so if you are a contributing member or a pensioner member and you would like to find out more please contact us.  Our contact details are given below.

Current members

Minutes - 7 December 2006 and Action plan
Minutes - 16 June 2006 and Action plan
Minutes - 7 October 2005 and Action plan

Pensioners

Minutes - 11 February 2008
Minutes - 26 June 2007
Minutes - 16 October 2006 and Action plan

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Reports and statements

pdf icon Annual report 2007/08 (244 kb)
pdf icon Annual report 2006/07 (140 kb)
pdf icon Annual report 2005/06 (453 kb)
pdf icon Annual report 2004/05 (147 kb)
pdf icon Statement of investment principles (67 kb)
pdf icon Funding strategy statement (38 kb)
pdf icon Communications policy statement (87 kb)
pdf icon Governance policy statement (53 kb)

Pensions Service - Business plans

2007-2008 (1.6 mb)
2006-2007 (1.49 mb)
2005-2006 (1.46 mb)

Useful links

  Department for Work and Pensions
  The Pensions Service (part of the Department for Work and Pensions)
  Local Government Pension Scheme (National website)
  Local Government Pensions Committee
  Money Made Clear (impartial advice from the Financial Services Authority)
  HMRC - Pension Schemes - Registered Pension Schemes Manual

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Contact us
You can contact us through the following ways:

Telephone: 020 8871 6523/6524/8035
Fax: 020 8877 1915
Email: pensions@wandsworth.gov.uk

Write to us at:
Pensions Service
Wandsworth Council
Town Hall
Wandsworth High Street
London, SW18 2PU

You can also visit us at this address from 9am to 5pm Monday to Friday, but we are also available between 7.30am and 6.30pm if you contact us to arrange a convenient time beforehand.

 

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