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Do you work for North Shropshire College?
If you’re an employee at North Shropshire College you should be aware that the college merged into Hereford & Ludlow College on 1 November 2018. From this date you became an active member of Worce…
New tax PAYE reference number
We recently changed our payroll system and because of this we have a new tax PAYE reference number. Our new PAYE reference number is: 120/MB85277 (it used to be 671/S10). You will need this new refe…
Changes to factors used in pension calculations
Following the October 2018 Budget some changes need to be made to the factors we use in pension calculations. These include transfers in and out of the fund, divorce quotes and early retirement calcul…
Annual meeting – Save the date!
Our work on the 2018 annual meeting is well underway, so why not be one of the first to secure your place. Date and time: 15 November 2018 from 11am until 1pm. Where: The Council Chamber at the Shir…
We’re moving to a new payroll system!
From October 2018, your pension will be paid using a different payroll system. During this change, we’re hoping you won’t notice too much of a difference. The pension you get will stay the same and yo…
Active Members – View Your Annual Benefit Statement Today!
Are you an active member of the Local Government Pension Scheme (LGPS)? If so, your Annual Benefit Statement is ready and waiting for you! You can view your statement in three simple steps: Visit…
Equitable Life AVC Policyholder News
We have received communication recently that Equitable Life have made proposals to transfer all of their AVC policies to Reliance Life. Reliance Life is part of Life Company Solidation Group, a speci…
Cold calls from fraudsters claiming to be from The Pensions Regulator
On the 17 July 2018, TPR published a press release concerning fraudsters who may be trying to steal the savings of workers by falsely claiming to be calling from TPR. TPR has received reports of pens…
Deferred annual benefit statements now available!
Your deferred annual benefit statement shows the value of your pension benefits as at 9th April 2018, including any Pensions Increase awarded since you left. Please read your statement carefully. Acc…
News for deferred members reaching age 55 on or after 14 May 2018
Following the introduction of the Local Government Pension Scheme (Amendment) Regulations 2018, most deferred members of the LGPS can now take their benefits from age 55, subject to early retirement r…
Landmark ruling for cohabiting partners - Elmes v Essex
A recent High Court judgement removed the requirement for members of the Local Government Pension Scheme (LGPS) to nominate their cohabiting partner to receive a survivor’s pension in the event of the…
Your information and how it is kept safe
As you may have heard, new standards of data protection regulations come into force on 25 May 2018 called the General Data Protection Regulations (GDPR). The aim of these new regulations is to reinfor…
Christmas office hours
The pensions office will close for the Christmas period at 4.00pm on Friday 21st December 2018 and will re-open at 8.45am on Wednesday 2nd January 2019. During this time, if you have a query, you can…