Increasing Your Pension Benefits Oct 2018 | Page 4
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Contents
Background
Page
Are There Any Other Alternatives? 12 Where can I get more information? 13 Members of the Local Government Pension
Scheme (LGPS) wanting to increase their benefits
have several choices to consider.
6 Service Standards 13 • Buying additional pension in the LGPS.
7 Pensions Advisory Service 14 How can I get more information? 14 What To Do If You Are Unhappy
With Our Service 15 If you want to make a formal complaint 15 Glossary 16
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• Paying Additional Voluntary Contributions
(AVCs) via the LGPS to the scheme’s AVC
plan (commonly known as scheme AVCs or in-
house AVCs) to increase retirement benefits.
• Paying Free-Standing Additional Voluntary
Contributions (FSAVCs) to a FSAVC provider
of their personal choice.
• Paying contributions to a concurrent personal
pension scheme.
• Paying contributions to a concurrent stakeholder
pension scheme.
Not all of these alternatives will, however, apply to
every individual.
This booklet sets out to provide you with basic
information (or details of who you should talk to)
on each of the above options.
The meanings of words in bold type you will see
in the text of this booklet are explained in the
glossary starting on page 16.
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Contents
SouthYorkshirePensionsAuthority
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