If you left the scheme prior to 31 March 2020 and your pension benefits are currently deferred then a 2020 benefit statement is now available via the "My Pension" on-line service.
Please note that this year’s Annual Benefit Statement provides an estimate of your pension benefits accrued in your current scheme membership to 31/03/2020. Any projections on your pension entitlement are also based on the assumption that your current membership will continue until your normal pension age.
Please also note that on the 20 December 2018, the Court of Appeal ruled in McCloud/Sargeant that the transitional arrangements introduced as part of the 2015 reforms to the Firefighters’ and Judges’ pension scheme were discriminatory and, therefore, unlawful. The Government subsequently accepted that this ruling applied to all the main public service pension schemes and is currently working on removing this discrimination to all affected scheme members. This work is complex and will take time.
For further information please see the Written Ministerial Statement from 25 March 2020: https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2020-03-25/HCWS187/
At this stage there is still uncertainty around the final approach to removing this discrimination. This means that it has not been possible to reflect the impact of the Court of Appeal ruling in this year’s Annual Benefit Statements.
The rate of inflation measured by CPI was 1.7% which is based on the Consumer Prices Index (CPI) over the 12 months to the previous September. In the majority of cases, members whose last day of membership is after the 22 April 2019 are not entitled to the full 1.7% increase on the part of their deferred benefits that relate to membership built up before 1 April 2014.
The statement will show the current value of your deferred benefits and the documents below will also help with any questions you may have regarding your statement.
If you have difficulty accessing the online facility please contact us.