Alstom Pension Scheme - Deferred
If you joined the Alstom
Pension Scheme on or before 30 September 2002.
This page explains your deferred benefits accrued up to 5 April 2006, or your date of leaving if earlier. You will have been in one of the following sections:
Main (ex-GEC Plan) section
ex-ABB section
ex-Cegelec section
ex-Babcock section
Electricity section (Manweb, Norweb, Scottish Power or United Utilities)
Members who were employed by Alstom as at 6 April 2006 may have joined the 2006 Defined Benefit (DB) section from that date.
The infomation below relates to your deferred benefits in the above pre-2006 benefit sections. This section will not apply to any members who opted to take a service
credit from their pre-2006 benefit section to the 2006 DB Section (this service credit option was completed in February 2007).
For Payment and Transfer details click here.
Please note the bridging pension is a discretionary benefit that is no longer offered by the Trustee due to the underfunding of the scheme. Please refer to the news section to find details of the latest early retirement factors.
Information on Additional Voluntary Contributions
If you joined the Friends Life (formerly Friends Provident) AVC arrangement then please see the
.
You can choose from a range of investment options.
You can change the way you invest your AVCs as often as you like.
Over time, the aim is that
you build up the amount of money in your AVC account. This is different
to building up money in a normal current or savings account, because you
can only use the money in your AVC account to buy extra benefits for you
or your dependants when you retire. You cannot use your AVC account to buy
extra benefits before you start to receive your Alstom pension.
When you retire, you can
use the money that has built up in your AVC account to buy extra benefits. If you want to know more about the AVC scheme then please see the
Changing your AVC Investment Instructions
Please complete the relevant sections of
and
send it to JLT Employee Benefits at the address provided.
Keeping track of your investments
JLT Employee Benefits will send
you a personalised statement once a year. There are
also AVC information sheets
that show how your funds are performing.
Information for Members who joined the Additional Savings Plan
JLT Employee Benefits will send
you a personalised statement once a year. There are
also ASP information sheets
that show you how well your funds are performing.
Get
in touch
If you have any questions about the scheme or your pension, please get
in touch.
