Deferred Benefits

If you leave before age 65 and your scheme membership totals three months or more, or you have transferred other pension rights into the LGPS, you will be entitled to deferred benefits within the LGPS. Your deferred pension will be calculated as described in the section on Retirement Benefits using the length of your total membership up to the date that you left the scheme and your final pay at leaving.

Unless you decide to transfer your deferred benefits to another pension scheme the deferred benefits will become payable at age 65 (unless you elect to defer drawing them till later), but may be put into payment earlier, and in full, in the event of permanent ill health. You can also elect to receive deferred benefits early, at or between the ages of 55 and 59 with your former employer's consent, or at or after age 60, without your former employer's consent, but benefits paid early may be subject to a reduction to take account of their early payment and the fact that your pension will be paid for longer.