Question of the MonthOctober 2, 2017
Can I take some tax free cash from my Local Government Pension Scheme (LGPS) pension before I retire?
You may have heard about changes in the law allowing people over the age of 55 to access their defined contribution scheme pension benefits and take some tax free cash before retirement. These changes are often referred to as Freedom and Choice.
The Freedom of Choice changes do not apply to the LGPS as it is a defined benefit scheme.
A Q&A leaflet is available to read which provides further information about Freedom and Choice.This entry was posted in Question of the month. Bookmark the permalink. ← Have you checked your Annual Benefit Statement? Pensions Team Office Hours:- 9th October-13th October 2017 →