cwatkins

Recently taken a Local Government pension that was deferred from 2014 when I took voluntary redundancy. Started work again in a different local authority in 2016 and have been paying in to that pension since then. I am also paying AVCs to hopefully get a lump sum when i look to finish in 2 years time (the local gov pension does not include an automatic lump sum anymore). I understand that i can take 25% of my pot as a tax free lump, but does the 25% only apply to the pension i am currently paying into plus the AVC, or can I also add on the capital value of the pension I have recently started taking to find the total capital value of my benefits?