No longer paying in

If you are no longer paying into the Cheshire Pension Fund but are not yet drawing a pension you will have either a deferred pension benefit or a preserved refund. 

 

If you leave your employment or opt out of the Scheme before your pension benefits are due to be paid and have less than 2 years membership across all LGPS funds, then you will become entitled to a refund of your contributions or possibly to transfer this to another pension provider.

 

If you leave your employment or opt out of the Scheme before your pension benefits are due to be paid and have over 2 years membership you will become entitled to deferred benefits. This is retained in the Local Government Pension Scheme (LGPS) until it becomes payable or is transferred out of the Fund.