To see all content, you will need the current version of Adobe Flash Player to view it.

Homepage GMP and Lloyds Bank About Us How to Join Deferred Pensioners State Pension Latest News Annual Meeting 2019 Annual Meeting 2012 Annual Meeting 2011 History of the Royal Liver Comfort Fund Rise in our Pension Royal Liver Building Obituaries Where are you now? Local Meetings Irish News Kids At School In Nepal Slideshow Archive Contact Us Royal Liver Building Sold North West Branch Meeting Minutes 30-05-2017 North West Branch Meeting Minutes 14th October 2015 Chimes are back North West Branch Meeting Minutes 12-10-2016 Pension Increase New Trustee Money from the tax man Windows XP is it safe North West Branch Meeting Minutes 08th October 2014 New State Pension Scheme Liver Building At Sea North West Branch Meeting Minutes 14th May 2014 North West Branch Meeting Minutes 23rd October 2013 Liver Weddings Royal London Buys Coop North West Branch Meeting Minutes 22nd May 2013 Midlands Branch Meeting Minutes 18th March 2013 Royal Liver Policies Liver Bird Copyright Member Nominated Trustee Age Allowance Petition North West Branch Meeting Minutes 10th October,2012 Resignation Package Trustee Meeting 2012 Royal Liver Boosts Royal Londons Profits George McGregor fined Update on CPI  Changes to CPI  

GMP and Lloyds Bank


Lloyds Bank have just lost a case that could affect other Pension Schemes.The courts have instructed them to equalise pensions payouts following a case brought forward by three women.It concerns GMP ( Guaranteed Minimum Pensions ) for employees who contracted out of the Government SERPS pensions. This was during the 1970s and schemes disputed how payments should be made . It would appear that the women complained that their GMP increased at a lower rate than the men`s.Following the Barber judgement in 1990 trustees have had to pay equal benefits to comparable men and women in relation to service from this date. The problem arises because women received their GMP at 60 whereby men had to wait until 65 which meant their benefits accrued at a faster rate.The DWP are following the judgements , which may go to appeal.It is likely to take years for the matter to be resolved.

Royal Liver Superannuitants Association