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Transfer of contributory membership (from an external fund) This form is for members of the LGS Retirement Scheme Use this form if you: l were a contributing member of either the State Authorities
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How to fill out transferring your pension

01
Contact your current pension provider to inquire about the transfer process.
02
Obtain and fill out the necessary transfer forms provided by your current pension provider.
03
Provide any required identification and supporting documents as requested.
04
Select a new pension provider to transfer your pension to.
05
Contact the new pension provider and follow their instructions for initiating the transfer.
06
Keep track of the progress of your transfer and follow up with both your current and new pension providers if needed.
07
Review and confirm the successful transfer of your pension funds.
08
Update your records and inform any necessary parties about the transfer of your pension.

Who needs transferring your pension?

01
Individuals who wish to consolidate their pensions from multiple providers.
02
Individuals who have changed jobs and want to transfer their pension from the old employer's scheme to a new one.
03
People who want to take advantage of better returns, lower fees, or more flexible investment options offered by a different pension provider.
04
Individuals planning to move abroad and want to transfer their pension to an international scheme or make it easier to manage from overseas.
05
Those who want to take control of their pension and have more options for managing and investing their retirement funds.
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Transferring your pension refers to moving your retirement savings from one pension plan to another, such as from a previous employer's plan to a new employer's plan or to a personal retirement account.
Individuals who are changing jobs, retiring, or looking to consolidate their pension funds may be required to file transferring their pension.
To fill out transferring your pension, you will need to contact your current pension provider and the new provider to initiate the transfer process. You may need to complete transfer forms and provide identification documents.
The purpose of transferring your pension is to consolidate retirement savings, take advantage of better investment options or fees, or to simplify your retirement planning by having all your funds in one place.
When transferring your pension, you will need to provide information such as your personal details, current pension plan details, new pension plan details, and any specific instructions for the transfer.
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