Guidance for pensions administrators (APACs)
Recent Pension Circulars
| PC No | Date issued | Subject |
|---|
| PC296 [PDF 75KB] |
May 2008 |
Civil Service Pensions publications update |
| PC295 [PDF 105KB] |
May 2008 |
Introduction of new annual benefit statements communications and arrangements |
| PC294 [PDF 78KB] |
April 2008 |
Mis-selling of Personal Pensions: Up-rated GMP Revaluation Factors |
| PC293 [PDF 48KB] |
April 2008 |
WPS Refund Interest Rate for 2008/09 |
| PC292 [PDF 106KB] |
April 2008 |
Medical Advice Contract Fee Changes |
| PC291 [PDF 89KB] |
March 2008 |
Departmental Resource Accounts: Disclosure of Salary, Pension and Compensation Information |
PC290 [PDF 28089KB] |
February 2008 |
Revision of insert to scheme booklets
|
PC289 [PDF 89KB] |
February 2008 |
Partial Retirement and increase in service limits [PDF 89KB] |
| PC288 [PDF 50KB] |
February 2008 |
Equitable Life: Payment of Benefits and transfers out of the CSAVCS |
| PC287 [PDF 70KB] |
January 2008 |
Civil Service Compensation Scheme (CSCS)
Early Retirement: The Statutory Redundancy Scheme |
| PC286 [PDF 78KB] |
December 2007 |
St Ives: Move to new address and Christmas shutdown |
| PC285 [PDF 887KB] |
November 2007 |
Principal Civil Service Pension Scheme - Principal Civil Service Pension Scheme (Amendment) Scheme 2007 (No.3)
- Guidance notes on added pension for classic, classic plus and premium members
|
Recent APAC letters
| APAC letter No | Date issued | Subject |
|---|
| APAC85 [PDF 21KB] |
October 2007 |
CSP/APAC bilateral reviews - changing approach |
| APAC84 [PDF 22KB] |
October 2007 |
Time limits for paying Pension Commencement Lump Sums |
Added pension forms available
Forms for nuvos members and the over 60s are now available on the forms page. Please make sure you complete the return address details before sending the forms to members.
nuvos guidance notes published
APAC nuvos guidance notes
Pensions Increase 2008
The pensions increase (PI) factor for 2008 is 3.9%, based on the increase in the Retail Prices Index for the 12 months to the end of September 2007. The pensions increase takes effect from 7 April 2008. Pensions that have been in payment for at least a year will receive the full increase, with those that have been in payment for less than a year receiving a pro rata increase.
The current Statutory Instrument and tables which are used for applying pensions increase are the Pensions Increase (Review) Order and the relevant multiplier tables.
These are produced annually by the Treasury and can be found on their website here. [External website].
WPS refunds interest rate for 2008-09 is 3.91%
The system manager must update PenServer. The factor table to update is called 'REFINT' and it can be found in the 'SCHEME factors'. The rate applies from 1 April each year.
| 2008-09 |
3.91% |
| 2007-08 |
3.34% |
| 2006-07 |
3.39% |
| 2005-06 |
3.21% |
| 2004-05 |
2.68% |
| 2003-04 |
2.95% |
Retail Price Index
Retail Price Index tables - June 1947 onwards [External website] [PDF 11KB]
