15/08/2011
The NDA as sponsoring employer have requested a merger of the GPS and CNPP in order to achieve cost saving benefits in the administration of the schemes, whilst maintaining the status quo for the GPS members' benefits and protections. The purpose of this communication is to explain to the GPS scheme membership the role and position of the Trustee of the GPS regarding the NDA proposal
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The Trustee has the power to accept transfers-in with the consent of the Principal Company. The Trustee currently does not permit transfers in from other third party pension schemes, except where the Principal Company requests them in accordance with their policy of facilitating voluntary movements within the industry.
© GPS Pension Scheme 2009.