What happens to my deferred benefit if I rejoin the LGPS before they become payable?
You can elect within 12 months of rejoining to be treated as a member of the scheme on 31 March 2014 and 1 April 2014.
If you choose to be considered a member of the scheme on these dates, your membership (built up) before 1 April 2014 will automatically be joined to your new pension account and will continue to be calculated as a final salary benefit with your final pay when you leave the active employment used to work out the benefits for your pre 1 April 2014 membership.
If you do not choose to be considered a member of the scheme on 31 March 2014 and 1 April 2014, you can elect for the membership you built up before 1 April 2014 to purchase an amount of pension under the rules of the scheme at the time of the transfer and this will be added to your active pension account. If you do not make such an election you will retain separate deferred benefits.