Pensions
Brigade Secretaries Circular: Commutation factors used in the firefighters pension scheme (FPS)
Commutation rate enquiries
My office has received a number of emails, letters and telephone enquiries from members who feel aggrieved that they are not included in the amended commutation rates which have been backdated to 1st October 2007.
Please be assured that the FBU are looking into the concerns raised and will take any necessary action when all aspects have been researched in full.
Members will be updated via circulars and the website.
Sean Starbuck
National Officer
Firefighters’ Pension Scheme 1992 – Commutation Factors
Please find attached Firefighters’ Pension Scheme circular 5/2008 and two further documents from the Government Actuaries Department (GAD) which advise on amendments to commutation factors applicable to the FPS. The figures are now gender neutral and will be applied retrospectively from 1st October 2007, with outstanding rates payable where applicable.
There have been several emails and telephone calls to my office regarding these changes and some members have voiced their disappointment that they were not informed in advance by the FBU. I must stress that we were only made aware of this amendment last week during conference, without any prior notice of any intended changes, and were therefore unable to inform members immediately. I have raised this concern with CLG who have apologised for any frustration this may have created. Over the next few days the commutation amendments will be explained in an All Members circular, a circular to All Out of Trade Members and on the FBU website.
FPSC 5/2008 (Issued 21 May 2008) 
FIREFIGHTERS’ PENSION SCHEME 1992 – COMMUTATION FACTORS
GAD FPS commutation guidance 16 May 2008
GAD FPS NFPS trivial commutation guidance 19 May 2008
January 2007: Firefighter
- Pensions Special Options Exercise 'Questions & Answers'
The guidance documents are being updated and will be added to the site in the near future.
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