Nottinghamshire
Local Government
Pension Fund

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Prudential Life Cover Rates

01 July 2019

The information below has been provided by Prudential. For further details please visit their website

We’re making payments to some members

Over the course of 2017 and 2018, we reduced the cost of life cover provided by some of our pension products.

We’ve looked at how much was paid for life cover between 31 December 2014 and when the reduced charges came into effect. The charges we applied were correct, although we would have liked to have reduced these sooner. To reflect this, we’ve decided to make one-off payments to some members.

How we’ll make these payments

Payments will be tax free and we will send cheques out to members over the next few months, subject to us having correct address details.

Further information

We’re here to help so if you have any questions, please contact Corporate.Pension.Enquiries@prudential.co.uk or call us on 0800 151 3941 we’re open from 9am to 5pm, Monday to Friday (apart from bank holidays).