How it works

The British Sugar 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;
  • Limits to tax efficient savings;
  • The Trustees that run the Scheme (and the Trustee Board's advisers);
  • The impact of 'Opting out'; and
  • The impact of Divorce on Scheme benefits.