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Transferred-in service does not count towards award of unreduced early retirement pension (Mr Y PO-22720)

Transferred-in service does not count towards award of unreduced early retirement pension (Mr Y PO-22720)
Published on: 01 November 2019
Published by: LexisPSL
  • Transferred-in service does not count towards award of unreduced early retirement pension (Mr Y PO-22720)
  • Summary
  • What were the facts?
  • What was the Deputy Pensions Ombudsman’s decision?
  • What is the impact of this determination?

Article summary

Pensions analysis: In the determination of Mr Y (PO-22720) the Deputy Pensions Ombudsman rejected a complaint that a member could rely on incorrect information from the trustees in order to claim an unreduced early retirement pension. The incorrect information could not override the meaning of the scheme’s rules which provided for a different interpretation of pensionable service for an award of unreduced early retirement pension. The settlement offer of £1500 was adequate to compensate Mr Y for the distress and inconvenience he had suffered as a result of receiving incorrect information. Martin Scott of gunnercooke LLP looks at the decision. or take a trial to read the full analysis.

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