How it works

The Defined Benefit (DB) section of the Scheme is a Defined Benefit pension. This means you and the Company contribute to your pension but the Company will ensure you are paid a certain level of income when you retire.

This area of the website provides an overview of:

  • How contributions to and benefits from the Scheme are calculated;
  • The Trustees that run the Scheme (and the Trustee Board's advisers);
  • The impact of leaving the Scheme and transferring out;
  • The death benefits provided by the Scheme in different circumstances
  • The effect of being absent from work on Scheme Benefits; and
  • The impact of divorce on Scheme benefits.

Please use the tabs above to navigate through the sections.