Update on GAD Factors (Police) - Last updated: 21st September 2015
We are currently working with our client forces to identify all of our pensioners who meet the requirements for us to apply a revised commutation factor. Once we have identified all those eligible we will begin the process of calculating and notifying them. As far as our pensioners are concerned this will be a two stage project. Firstly we will notify you what your entitlement is and you will need to agree that you want this payment made. When we receive your confirmation we will then make
Because of the numbers of retired officers involved we are breaking the project into 4 phases:
||Females who retired between December 2001 and November 2004. The commutation
factors for these members have reduced so they are unlikely to be due any arrears of
benefits. The first phase of this exercise will be merely to inform these members that
they will not be receiving any payments. We should be able to do this reasonably quickly.
||Males who retired between December 2001 and November 2004. We are aiming to
pay them first in order to reduce the amount of interest that will have to be paid from
the public purse.
||Males and females who retired between December 2004 and November 2006.
||Deceased pensioners. This will be the most difficult part of the process because we will
have to identify who the recipient will be. In many cases members have died without any
dependents and the estate will have been wound up for some time.
We aim to meet the Home Office's commitment that all those affected will be notified by December 2015 and all payments will be made by April 2016. We will work as quickly as we can to make the payments but please remember that we have over 7,000 pensioners who fall into the categories outlined above. We would be extremely grateful if you could be patient whilst we undertake this work.
If you are affected you will be notified, so please could you refrain from contacting us whilst we are working on this exercise. If we aren't answering questions about when people will be paid then we will be able to carry out the work much more quickly and make payments faster.
Of course, if you have queries about other pensions related matters that we will be happy to speak
to you as usual.
Update on GAD Factors (POLICE)- Last Updated: 27th July 2015
Now that we have the factors and guidance required to enable re-calculations to be carried out for former Police Officers, the biggest questions for those affected are; how much will I get and when will it be paid? - we understand this.
The pensions unit is working with your former employer as we analyse the guidance, and prepare the necessary calculation processes to re-calculate monies due.
The Home Office has set out non-statutory timescales in an e-mail to all administrators stating the following:
"The Government recognises that some administrators will need to assess hundreds of cases and that this will take time, but expects that pensions administrators will make the majority of calculations by December 2015 and the majority of payments by April 2016"
We are confident that we are able to adhere to these timescales.
Please note, Interest will be added to any monies due up until the date of payment.
Update on GAD Factors (POLICE) - Last Updated: 24th July 2015
Following the determination of the Pensions Ombudsman in Milne v GAD, the Home Office has now issued guidance that includes factor tables to be used to re-calculate commutation payments. GAD is preparing a calculator which they expect to be made available to administrators in the next few weeks.
We are now carrying out a full analysis of the guidance and working with your former employer to identify those members affected, i.e.
- men who retired between 1 December 2001 and 30 November 2006, and
- women who retired between 1 December 2004 and 30 November 2006
There will not be any additional payments made to women who retired between December 2001 and November 2004 because the new factors are less generous than those previously applied.
As soon as our preliminary work has been carried out we will issue the timescales in which payments are expected to be made to those affected. We thank you for your continued cooperation and patience and ask again that you do not contact us in the meantime with individual enquiries about the revised commutation factors.
Update on GAD Factors (FIRE) - Last Updated: 23rd July 2015
Communities and Local Government (CLG) have issued a note confirming that GAD will be preparing revised factors and guidance following the Pensions Ombudsman determination iin Milne v GAD.
Once we have further information we will publish it on this page for you. The full, short note can be accessed via the link below:
Update on GAD Factors (POLICE) - Last Updated: 17th July 2015
The Home Office have provided an update on their website with regard to the Commutation Factors, stating that factors have been supplied to the Home Office by GAD and will be issued to Police Forces and Administrators in due course.
The Home Office have given no indication as to when they expect to be able to send this information on to Police Forces and Administrators.
To read the full bulletin please follow the link below and scroll to the foot of the page.
Update on GAD Factors - Last Updated: 15th July 2015
It has been two months since the Pensons Ombudsman determination and whilst an awful lot of work is being carried out we wanted to update you on where things are.
Please have a look at our 2nd briefing below. Please note, Kier is still not able to answer any calls or e-mails on this matter until the relevant government departments have provided further instruction.
Ombudsman Determination Published - Last Updated: May 2015
The Pensions Ombudsman has recently made a determination which could affect the lump sum taken by certain retired officers. We have prepared a note below on this matter and will contact any affected members directly. Please note, Kier is not able to answer any calls or e-mails on this matter until the relevant government departments have provided further instruction.