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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Pensions are important! That's the message we want you to hear. Naturally, some people may think there's plenty of time before they need to think about pension matters. However, the sooner you start the better you can provide for your retirement.
The Scheme is a valuable benefit that provides you with a tax-efficient way to save for your retirement, with help from your Employer. The benefits the Scheme provides include a pension for you when you retire and benefits for your family on your death.
This guide tells you about the benefits available from the Defined Contribution part of the Scheme (the DC Part) at April 2009. If any different provisions apply to you, you will have been notified separately.
The Scheme is administered under a trust which is governed by the Trust Deed and Rules. This guide is a summary of the provisions of the DC Part. Every effort has been made to reflect accurately the Trust Deed and Rules in this guide but if there are any differences, the Trust Deed and Rules will always take precedence.
If you would like a copy of the Trust Deed and Rules please contact The Scheme Secretary.
© GPS Pension Scheme 2009.