PKT Feb 2023

Mr Smith has provided us with incomplete forms to start for his Early Retirement settlement from the ABC Scheme. As per the procedure a letter was issued explaining same and case was pended for 1 month. After 1 month the case had unpended what action we will take?

DOR – 10/11/2022 and NRD – 02/02/2023 –

• Complete the case

• Issue another Chaser

• Pend again for 1 more month without any action

Which of the following notes are not available on guidance site which relates to Retirement procedure

• Triavial Commutation

• DB Retirements

• Pend Guidance

• System Updated

Mrs Harris joined ABC Scheme on 10/01/2022 and left on 25/04/2022. The options available to the member are 1. Cash transfer sum and 2. Refund. What is the disclosure deadline to provide the options?

• 2 months from date of notification

• 3 months from date of notification

• 2 months from date of leaving

• 3 month from date of leaving

All members who have paid DC contributions or have accrued DB benefits since 6 April 2006 are subject to ………………………………

• AA

• PIA

• LTA

• GMP

Can we accept a scanned version of Letter of Authority

• Yes

• No

What is the fee charged for second transfer value? (Generic Scheme)

• 360 + VAT

• 432

• 432 + VAT

• 360

Which of the following is a mandatory data item that a Letter of Authority should contain to enable us to correctly identify the member and to carry out our usual DPA checks.

• Address

• DOB

• Scheme Name

• Full name

Which of the following cannot be sent on reduced checking:

• Quotation Holding letter

• Resending previous correspondence

• No projection letter

• Deferment letter

Mr Taylor’s service is from 1/8/1886 to 28/3/1990. Member also has GMP benefits. While preparing letter in Transfer Quotation using Doc Prod what option we will select for GMP Inequality dropdown:

• Included

• Not Included

• No 90 to 97 GMP benefits for member

What are the 2 imporatant Point in a valid LOA

• Member name and Scheme Name

• Member Name and DOB

• Address and DOB

• DOB and NINO