Rejoining the LGPS
If you rejoin the LGPS before your deferred pension becomes payable, you can elect, within 12 months of rejoining, to be treated as a member of the scheme on 31 March 2014 and 1 April 2014.
If you elect to be considered a member of the scheme on these dates, the membership you built up before 1 April 2014 will automatically be joined to your new pension account and will continue to be calculated as a final salary benefit. Your final pay, when you leave the active employment, will be used to work out the benefits for your pre 1 April 2014 membership.
If you do not elect to be considered a member of the scheme on these dates, you can elect for the membership you built up before 1 April 2014 to purchase an amount of pension under the rules of the scheme at the time of the transfer and this will be added to your active pension account.
If you do not choose either of these options, your deferred benefit will remain separate to your new active benefits.
You should take financial advice before doing so, especially if your current job is on a lower salary that the job linked to your deferred benefit.