members

Benefits on hold annual statements 2021 FAQs

Your annual benefits on hold statement will be available in your My Pension account before the end of May. If you have registered for My Pension you will receive an email from us letting you know it is there. If you have elected for paper communications, you will also receive your statement through the post.

Your annual benefits statement contains:

  • the original and current value of your pension
  • information on your retirement date
  • important choices to make at retirement
  • details of your lump sum life cover.

We are holding online presentations to explain more about your options as a member with benefits on hold. The presentations cover how to access your benefits, transferring your benefits and life cover. You will also have the opportunity to ask questions. You can book your place through our Book on to an event page.

How do I view my annual benefit statement online?

You need to login in to your My Pension account. You can do this through the link in the member menu on the website. If you have any problems logging in or registering please visit our My Pension support page or contact us.

Once you have logged in, you need to go to the My Documents tile and select Annual Benefit Statements. You will then be able to see your statement for 2021 as well as those issued in previous years.

Image shows the My Documents tile with the options of Annual benefits statement, Letters from GMPF and Document Upload.

Can I access my benefits early?

You can access your benefits anytime from age 55. If you choose to access your benefits before your normal pension age (which is shown in your statement) then early retirement reductions will apply as we will be paying your pension for longer than expected.

You can read more about when and how you can access your benefits on hold on our website as well as the early retirement factors that would apply.

Can I access part of my pension?

No. When accessing your benefits you must take all your benefits at once.

How does freedom and choice in pensions apply to my LGPS pension?

The Freedom and Choice changes to pensions were not designed to impact on schemes like GMPF. These changes are aimed at giving people with personal pensions more choice in how they access them. 

For more information on Freedom and Choice and transferring your pension please visit our page what are your options when opting out, leaving or transferring.

Can I request an estimate or formal offer of my benefits?

You can use the Pension calculator in My Pension to calculate your benefits using different dates of retirement and conversion options. These figures are for illustrative purposes only, but if you are thinking of retiring soon then you can also request an offer of your benefits either through your My Pension account or by contacting us. We strongly suggest you do this at least four months before your intended retirement date to allow enough time for all the tasks to be completed. 

For more information on when and how you can access your benefits on hold please visit the page on our website.

Will you also send me a paper copy?

We won't send you a paper copy unless you have already asked us to do so. If you want to receive future communications by post, then you must write to us at the address below to let us know:

Guardsman Tony Downes House

5 Manchester Road

Droylsden

M43 6SF

If you need a paper copy of your most recent annual statement, please ask us for one when you write to us.

If you need a one off paper copy of this years’ annual benefits statement please contact us and we will post you a paper statement.

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