Retirement Insight April 2014 Issue 40

NSIGHT INSIGHT April 2014 Issue 40 South Yorkshire’s own newsletter for Local Government pensioners Welcome ... to your Retirement Insight newsletter. Here is a list of the articles that you can find in this issue.... Page 2 • Pensions Increase continued from page 1 • New Bank Account? Page 3 Pensions Increase 2014 The Government have confirmed that Local Government Pensions which have been in payment for more than a year will increase by 2.7 per cent from Monday 7th April 2014. What is Pensions Increase? Page 4 Your LGPS pension is increased annually in line with the rise in the Consumer Price Index (CPI), in accordance with the Pensions Increase Act 1971. Although pensions are increased in April, they are based on the previous September’s inflation figure. • AGM 2013 • Airedale Computer Recycling Who gets Pensions Increase? • Your Payslip & P60 Explained Page 5 • All pensioners who are over the age of 55 and, those under 55 who retired on ill-health or injury grounds. • Customer Service Excellence • Incapable of Managing Own Affairs • Widow’s, Widower’s, Civil Partner’s, Nominated Cohabiting Partner’s and Children’s pensions are increased automatically regardless of age. Page 6 • All Quiet on the Western Front Page 7 • Scheme Changes • Competition Winner • 100th Birthdays Page 8 • We Are Here to Help • Pension Puzzler Continues on page 2 >>