You and Your Pension - Retirement Webinar

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  • Опубліковано 23 лип 2024
  • Recording of this retirement focused webinar which took place on 7 February 2023, presented by Jennifer Rice, Oliver Murray, Melanie Moffat, Daniel Frost and Sarah Dawes from Essex Pension Fund.
    This webinar examines some of the key issues when retiring from the Local Government Pension Scheme (LGPS) including:
    00:00 - Introduction
    02:07 - How your LGPS pension works
    03:35 - How does the CARE scheme work?
    06:46 - How does the Final Salary scheme work?
    11:16 - Taking a tax free lump sum
    13:53 - When can I retire?
    16:28 - Early retirement reductions
    18:46 - The 85 year rule
    22:12 - The retirement process
    26:32 - Different types of retirement - flexible retirement, redundancy/efficiency retirement and ill health retirement
    32:37 - AVC options on retirement
    34:48 - Death benefits after retirement
    39:07 - How to contact Essex Pension Fund
    40:27 - Q&A
    Useful links:
    Expression of Wish Form: www.essexpensionfund.co.uk/re...
    Lump Sum Calculator: www.lgpsmember.org/help-and-s...
    Pension Modeller: www.lgpsmember.org/help-and-s...
    Early Retirement Reductions: www.lgpsmember.org/your-pensi...
    Contact Essex Pension Fund
    Phone: 03330 138 384
    Email: pensionenquiries@essex.gov.uk

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