If you have been in the Gwynedd Pension Fund for less than 12 months, it is possible for you to request to transfer previous pension benefits into the fund.
You may be able to transfer previous pension rights from the following:
- A previous LGPS Fund.
- Aprevious Employer's pension scheme (including an overseas scheme).
- A self-employed pension plan.
- A 'buy-out' policy.
- A personal pension plan.
- A stakeholder pension scheme.
An application to transfer any previous pension rights into the Scheme must be made within 12 months of joining the Scheme. After 12 months, a transfer may only take place at your Employer's discretion. In order to make an application to transfer your benefits please contact Gwynedd Pension Fund.
Any request you make to investigate a transfer will not be binding until you have been supplied with full details and subsequently confirm that you wish the transfer to go ahead.
Careful consideration should be given as to whether or not it is beneficial for you to transfer your previous pension rights into the LGPS. You may wish to take Independent Financial Advice before making this decision.
Tracing your previous pension provider
If you have lost touch with your previous pension provider, the Pension Tracing Service can help. You can contact them at:
The Pension Tracing Service,
The Pension Service 9,
Mail Handling Site A,
Phone: 0845 6002 537