pension-calculation-validator

To validate LGPS pension calculations, cross-check member data against Regulations 2013 to detect discrepancies across Final Salary and CARE service periods. This process verifies early retirement reductions, revaluations, and Rule of 85 protections, flagging anomalies for review.

The Rule of 85 protection check in LGPS benefit calculations verifies whether a member's combined age and service qualify them for unreduced early retirement benefits. Validation involves confirming eligibility against Regulations 2013 and flagging discrepancies in the calculation.

Checking early retirement reductions in an LGPS annual benefit statement requires applying regulatory reduction factors to the member's benefits. Independent validation cross-checks these applied factors against LGPS rules to ensure the calculated reduction is accurate.

Yes, LGPS validation covers both Final Salary and CARE service periods. The process independently verifies Normal Service benefits accrued pre-2014 and post-2014 CARE benefits, applying specific regulatory rules and revaluations to each period.

Yes, you can use LGPS pension validation for transfer value reviews. The validation process independently calculates benefits and cross-checks them against the provided transfer quote to detect discrepancies and ensure regulatory compliance.

Automated LGPS benefit calculation checks are limited by the accuracy of the input member data provided. While the validation logic detects discrepancies against Regulations 2013, it flags anomalies for review rather than automatically correcting the underlying calculation errors.