Transferring your Benefits
You may be able to transfer previous pension rights into the Local Government Pension Scheme (LGPS) from:
- a previous LGPS Fund.
- a previous Employer's pension scheme (including an overseas occupational pension scheme).
- a self-employed pension plan.
- a 'buy-out' policy.
- a personal pension plan.
- a stakeholder pension scheme.
An application to transfer any previous pension rights into the LGPS must be made within 12 months of joining the Scheme. After 12 months, a transfer may only take place at your Employer's discretion.
In order to make an application, simply complete the Declaration of Previous Pension Rights form and return it to your Employer.
Careful consideration should be given as to whether or not it is beneficial for you to transfer your previous pension rights into the LGPS. You may wish to take Independent Financial Advice before making this decision.
What if I've lost contact with my previous pension provider?
The Pension Tracing Service can help, as it holds details of almost all UK pension schemes and provides a tracing service free of charge.