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Acronyms

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A

  • APC Additional Pension Contribution
  • AVC Additional Voluntary Contribution


B
  • BCE Benefit Crystallisation Event


C
  • CAYs Compensatory Added Years


D
  • DCLG Department for Communities & Local Government – the sponsor and regulator of the LGPS
  • DWP Department for Work & Pensions


E

F
  • FSC Finance Service Centre


G
  • GAD Government Actuary’s Department
  • GIA Grant-in-Aid – funding provided by Government for specific purposes


H
  • HMRC Her Majesty’s Revenue & Customs
  • HR Human Resources
  • HRSC Human Resources Service Centre


I
  • IDRP Internal Dispute Resolution Procedure


J


    K


    L
    • LGPS Local Government Pension Scheme


    M
    • MOU Memorandum of Understanding


    N
    • NAO National Audit Office – our external auditors
    • NDA Non-Disclosure Agreement
    • NFI National Fraud Initiative – carried out bi-annually by the Audit Commission


    O
    • ONS Office of National Statistics


    P
    • PI Pensions Increase as specified by annual Pensions Increase Orders
    • PwC PricewaterhouseCoopers – contracted by NAO to carry out the external audit on behalf of NAO


    Q


    R


    S

    • SERPS State Earnings Related Pension Scheme
    • S2P State Second Pension

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    T


    U


    V


    W

    X


    Y


    Z


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