The legal deed to close the Scheme has been finalised and signed. Copies of the deed are available to employers on request. The closure deed makes the following key changes: No new benefits will be built up in the Plumbing & Mechanical Services (UK) Industry Scheme after 30 June 2019. All members actively contributing on…
DetailsAfter over 40 years of providing good value low cost pensions to the UK plumbing industry, it has been decided that Plumbing Pensions will close to future benefit accrual from 30 June 2019. This means that no-one will build up any new pension benefits in the Scheme after 30 June. Plumbing employers will need to…
DetailsThe Trustee and the Constituent Organisations that manage the Scheme have considered the consultation feedback but have not yet reached agreement on the next steps. This means that the Scheme may not close on 30 June 2019. If the Scheme does not close on 30 June 2019, employers and employees will need to continue contributing…
DetailsWe have decided to run Employer Information Events this year on the following dates: Edinburgh – Friday 31 May Belfast – Monday 10 June Manchester – Tuesday 11 June Further information can be found here and you can register your attendance here.
DetailsThe first employer debt estimates will be issued next week (from 4 February 2019). This is a week later than planned because the Actuary has taken into account all employer and member updates notified to us in recent months to ensure debts are fair and accurate. Debt estimates will be issued in phases between 4 February…
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