Overview

Overview

In this section we cover the benefits that are payable to you from the Plan.

There are also benefits that may become payable to your loved ones after your death. You can find more information about these benefits in the Benefits if I die section of this website.

In summary the Plan will provide you with:

• An income for you in retirement (your Plan pension); and
• The option to exchange some of your pension at retirement for a one-off cash sum.
• Financial protection for your loved ones in the event of your death.

You can see how much pension you have built up in the Plan by logging into My Work Pension – your online pension account. Here you will also be able to use the online modellers to see how much this pension may be if you take it at different dates.

Alternatively, you may wish to consider transferring your benefits out of the Plan. This may provide you with different options at retirement.

Please remember to tell us if your contact details change, otherwise we will not be able to send you information about the Plan and your benefits. You can update your contact details by signing into your My Work Pension account or by getting in touch with the Plan’s administrator, Trafalgar House.

Important: Here, we provide you with an outline of the standard benefits provided by the Plan. In certain circumstances, your benefit entitlement may be different. For example, if you left service before 30 October 2019 or joined the Plan by transferring into it, terms may apply to you which are different from those set out here.

If there is any conflict between the content of this website and the Rules, as amended, the version of the Rules applicable to you will take precedence.

For more information, please go to the ‘About the Plan’ page and click on ‘Disclaimer’.