We have published the final decision on the complaint made by Mr Milne against the Government Actuary’s Department (GAD) about the factor used to convert his pension into a lump sum at retirement and whether the factors should have been reviewed earlier than they were.
Tony King, the Pensions Ombudsman, has decided in Mr Milne’s favour. The Pensions Ombudsman decided that the factors should have been reviewed between 1998 and 2005, when Mr Milne retired. He has directed GAD to assess what the factor would have been in 2005 if reviews had taken place and to notify the administrator of the relevant part of the Firefighters’ Pension Scheme so that they can recalculate the cash sum. He also directed GAD to pay interest on any additional cash sum, from Mr Milne’s retirement date.
See more at: PENSION OMBUDSMAN and on our Police Pensions page.
LATER LIFE AMBITIONS LOCAL LOBBYING TOOLKIT NOW AVAILABLE
You can watch the proceedings of our recent Conference in Brighton by using the weblink below:
Welcome to the home page of the National Association of Retired Police Officers (NARPO). We are a member organisation representing retired police officers of all ranks and police widows, widowers and partners of former police officers from police forces throughout England and Wales. We offer a range of services to members including advice on pensions and other issues affecting the welfare of our members.