You will find news relating to your pension benefits.
The 29th March Brexit deadline when the UK is due to leave the European Union is getting close. We want to reassure members that we will continue to pay pensions as normal. There remains a lot of uncertainty about Brexit and how or when it might happen. We are monitoring the situation and taking steps to…
The Trustee has sent active members a booklet about the proposed Scheme closure consultation. The Trustee is considering whether to close the Scheme to future benefit accrual from 30 June 2019. If the Scheme closes to future benefit accrual, the Scheme will continue to pay benefits earned before 30 June 2019. Further information can be…
The Trustee has written to participating employers about a proposal to close the Scheme to future benefit accrual from a date to be agreed. The Trustee believes the increases in contributions needed to cover the cost of future benefit accrual would be unaffordable for many employees and employers. The Trustee is initially seeking feedback from employers.…
We have received reports that a scammer is calling people using our number. We would never ask for credit card details. If you have received a suspicious call, please call us on 03457 656 565 to let us know and check out the Pensions Scams section.
You may have heard that the Scheme has a large deficit that could damage plumbing firms. You may be worried about this and wonder whether your benefits are safe. The Scheme is currently paying, and intends to continue paying all members benefits in full. The Scheme is run by a Board of Trustee Directors. The…
The Trustee Directors have recently agreed a Rule change with the Association (APHC), the Federation (SNIPEF) and the Union (Unite). The rule change means that for the period up to 31 December 2018, no Participating Employer can cease to participate in the Scheme or be discharged from their past, present or future obligations under the…
We are currently in the process of issuing the Certificates of Pension Credit for the year to 5th April 2017, if you have not received this from us by the middle of December, please contact us. If you require any further information or clarification regarding the benefits that you have accrued in the Scheme please…
The Plumbing & Mechanical Services (UK) Industry Pension Scheme (the “Scheme”) has recently completed a buy-in with Legal & General. This involved exchanging nearly £570 million of the Scheme’s assets, primarily government and corporate bonds, along with cash raised by selling a small amount of UK equities, for a bulk annuity policy from Legal &…
We are excited to launch our new and refreshed website. The updated site includes changes to content, navigation and is responsive for using on a range of devices. The Plumbing & Mechanical Services (UK) Pension Scheme has a rich history of providing the plumbing and mechanical services industry excellent member benefits. The updated website provides…
This website uses cookies to provide you with the best browsing experience.
Find out more or adjust your settings.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!
More information about our Cookie Policy