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…
DetailsI 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…
DetailsWe 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.
DetailsWe’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…
DetailsThe 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.
DetailsWe’re delighted that Plumbing Pensions (UK) Administration Ltd has recently achieved the Cyber Essentials certification. This: Gives a clear picture of our cyber security level. Helps us guard against the most common cyber threats. Provides reassurance that we’re doing what we need to do to prepare and secure our systems against cyber attack. You can…
DetailsAfter over 40 years of providing good value low cost pensions to the UK plumbing industry, it has been decided that the Scheme will close to future benefit accrual on 30 June 2019. This means that no-one will build up any new benefits in the Scheme after 30 June. Plumbing employers must auto enrol their…
DetailsWe’re delighted that one of our beneficiary member turns 100 today, joining our very small group of Plumbing Pensions Centenarians. We hope the 100th birthday celebrations go well. Its great that the Scheme has been able to provide a steady income every month for so many years. We hope that our group of Centenarians continues…
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…
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