Pension Ombudsman issues further update
Please use this link to see a further update from the Ombudsman in relation to other associated issues in the Commutation Factor dispute. Latest Update
Home Office Commutation Q & A
The Home Office have issued an update in relation to queries raised regarding the implementation of the revised commutation factors. Use the link to view the latest: Home Office Q & A on revised commutation factors Aug 2015
Government Actuary’s Department (GAD) issue Commutation Factors for 2001 and 2004
Following the determination of the Pensions Ombudsman in Milne v the Government Actuary’s Department (GAD), this document, provided by GAD, includes tables of factors to be used in calculating redress and detailed guidance for scheme administrators to aid them in calculating the amounts owed to individuals. Use the link to view the document: Government Actuary’s […]
Home Office respond to NARPO letter
NARPO have received a response from the Home Office in relation to the commutation factor dispute in which they confirm that Force Pension Administrators are now working to identify those affected, calculate the sums owed and ensuring that payments are made as soon as possible. Use the link to view the document: Home Office scanned […]
Government Actuary’s Department (GAD) latest technical bulletin
GAD have issued a further update in relation to the commutation factors and the process of payments. Use the link to view the document: Government Actuary’s Department bulletin Aug 2015