The Trustee of the Scheme entered into an agreement with the insurance company Just Retirement Limited (“Just”) in 2022 to secure DB Plan members’ benefits. The DB Plan will be closed (known as being ‘wound up’) and the winding-up process commenced with effect from 31 March 2024.
The Trustee of the Scheme has been in regular contact with DB Plan Members and Employers regarding Just taking over the responsibilty for DB Plan benefits. Please follow the link to read the communications sent to Members or Employers.