Deferred members are those who previously paid into the Local Government Pension Scheme (LGPS), and since leaving the scheme have left their pension on hold with us.
This section gives you a brief guide to how deferred benefits work, together with answers to some of the questions you may have, such as how we update you each year about your deferred pension and at what age you can draw them.
Your annual benefit statement
As a deferred member you'll receive an annual benefit statement from us detailing what your pension benefits are at 31 March each year.
We aim to send your deferred annual benefit statement by 31 August each year.
Your deferred benefits are increased every year in line with the Consumer Price Index (CPI). The increase applied is published on the LGPS member website.
How your benefits were calculated
Your pension benefits were calculated when your record was made deferred and include all the pension you had built up in that employment, up to and including the last day the record was active.
See our page on how your pension is worked out, for more information.
Keeping in touch
You need to let us know if you change your address, so we can keep you informed of the value of your deferred benefits each year. You can use our change of address form.
If you’re getting divorced, you may need to contact us to obtain a current valuation of your deferred benefits. Find out more about pensions and divorce or dissolution.
Derbyshire Pension Fund has collaborated with several other LGPS funds to produce an annual newsletter for deferred members. A copy of the latest newsletter is attached to this page.
Not a deferred member
If you’re in employment and currently paying into our scheme, visit the active members section
If you’re in receipt of your pension benefits, visit the pensioner members section.
Links to useful documents