Scheme employers can apply to the Fund for an estimate of pension benefits in advance of an employee leaving the scheme where:
- The employer has the final decision on retirement.
- There could be a cost to the employer.
You can request an estimate for
- Ill health retirement.
- Flexible retirement.
- Redundancy or efficiency retirement.
- Retirement with employer consent (Waiving all or part reduction).
The reasons listed are for benefits where the employer has the final decision on retirement and cannot be provided at the request of the employee.
Apply for an estimate of pension benefits
You can apply for an estimate by completing the LGPS 23, Request for an Estimate of Pension Benefits, form and uploading this to the employee’s i-Connect record.
Download the LGPS 23 Request for an Estimate of Pension Benefits form (PDF, 182.03KB)
What happens next
Once the estimate has been processed, a letter outlining the pension benefits and any Strain on Fund costs of the retirement, will be sent to the authorised contact for the employer that requested the estimate, this is usually uploaded to GlobalScape.
Bulk estimate requests
For employers undergoing an exercise where quotes for multiple employees are needed.