Retirement from the LGPS In this section we will look at the different types of retirement available under the LGPS regulations along with the information we require from employers to process retirement figures. Capital costs of early retirement Conversion of Annual Pension to Lump Sum Early Retirement Reductions Flexible Retirement How are retirement benefits calculated? Ill-health Retirement Redundancy/Business Efficiency What information is required? When can benefits become payable? Navigation links for Retirement Capital costs of early retirement