How does it work?

While you’re an active member, you pay contributions as a percentage of your pensionable salary towards your pension. These contributions qualify for tax relief and if you pay using Smart, you may also qualify for savings on your National Insurance contributions. 

The Company pays contributions too and when you retire, you receive a pension from the Scheme, based on your pensionable salary and length of membership, as set out in the Scheme Rules.

You can find more details of the benefits the Scheme provides in the Scheme Booklet, which you can download at