You will find news relating to your pension benefits.
Today we welcome two new Directors to the Trustee Board – Garry Forster and Rudi Klein. Garry and Rudi have been nominated by the Scottish & Northern Ireland Plumbing Employers Federation (SNIPEF) but their role as Directors is to set aside all other interests and act in the best interests of all members of the…
The member newsletter and annual pension credit certificates for members who have not yet retired were sent out last week. In the newsletter you can read about the Scheme and find out the latest news. If you have any questions or need to tell us about a change in your personal details, you can contact…
The Scheme’s constitution requires the annual re-appointment of the independent trustee directors and the election of a Chairman. The Board has elected Jon Bridger as a new Chairman of the Trustee. Jon was originally appointed as an independent professional trustee Director in 2017 with a view to future succession planning, so he knows the Scheme…
The Trustee Board and the three Constituent Organisations (Unite the Union, SNIPEF and the APHC) that oversee the Scheme have agreed to carry out a review of its governance structures. The Trustee Board has appointed an independent governance consultant, Pi Consulting (UK) Ltd (“Pi Consulting”) to help. The aim of the governance review is to:…
The Trustee that runs the Scheme, Plumbing Pensions (UK) Ltd, has made a petition to Court of Session in Edinburgh to seek directions. The Trustee has asked the court whether it can continue to use Scheme funds for section 75 employer debt matters. Section 75 employer debt legislation is complicated and says that employers must…
I wanted to give you a brief update on our plans to continue paying pensions during this difficult period. Firstly, we would like to take this opportunity to say that we hope that you, your family and your colleagues remain safe through this period and our thoughts and best wishes are with you. Plumbing Pensions…
We are currently redesigning our Certificates of Pension Credit to ensure they are user friendly and will be issuing these to all deferred members in January. If you have changed your address please ensure you provide us with your new details before the new year.
Please note the office will be closed from 1pm on 24th December and will reopen at 9am on 6th January. From all at Plumbing Pensions we wish you a Merry Christmas and a Happy New Year.
We’re delighted that one of our beneficiary members, Mr Robert Tait, turned 100 on Saturday, joining our very small group of Plumbing Pensions Centenarians. We hope the 100th birthday celebrations went well. It’s great that the Scheme has been able to provide a steady income every month for 35 years. We hope that our group…
The Trustee has sent all members a booklet about recent Scheme updates, covering these topics: Summary funding statement Ending accrual Investment strategy Section 75 employer debt You can download a copy of the booklet here.
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