Transferring out of the LGPS

Please consider the following points if you are considering transferring out of the LGPS: 

Points to note:

• a transfer must be made at least 12 months before reaching your Normal Pension Age - please refer to your Annual Benefit Statement or online account to find out your Normal Pension Age
• you cannot transfer your pension if you leave the LGPS less than one year before your Normal Pension Age
• A transfer cannot proceed if you are actively contributing to the LGPS in England and Wales
• you cannot transfer an LGPS pension if you have already taken a pension from the LGPS. If you have an LGPS pension in payment you cannot transfer any deferred benefits out of the LGPS
• If you hold more than one set of deferred benefits in the LGPS in England and Wales, you can transfer all or none of those benefits. You cannot transfer one deferred benefit to a different scheme and keep another deferred benefit in the LGPS

Further information on transferring out of the LGPS is available by visiting the LGPS member website.

However, we can provide a Cash Equivalent Transfer Value (CETV) for:

• use by a financial adviser
• divorce purposes

We can provide you with one free estimated CETV in a 12-month period. For further information on CETV requests for divorce purposes please visit our Pension Sharing on Divorce section.