Scheme employers are required by law to formulate and publish a statement of how they'll apply certain discretions allowed under the Local Government Pension Scheme (LGPS) regulations.
We may publish your policy on our website. If you have yet to set your policy, you may wish to use the discretions template attached to this page. This enables you to adopt the discretions applied by Derbyshire County Council, or set your own.
There are 4 main areas defined by the policy which affect potential costs to you as the employer:
You can find detailed information in the Local Government Association's guides to discretions and in the guide attached to this page.
Your discretions policy should be available to your employees and kept under review. Any changes to your policy should be notified to us within one month. If you'd like us to send you a copy of your submitted policy so you can review it, or if you’re not sure whether you have submitted yours to us, please email: pensions.regs@derbyshire.gov.uk
Please note: failure to provide a discretions policy may result in a suspension of the employer’s right to grant early payments for redundancy, ill health, compassionate or other grounds, until it's received.
Links to useful documents