Career Salary

In April 2016, the Scheme moved from a Final Salary benefit structure to a Career Salary benefit structure.

Under this structure, you earn a new block of pension each year which is based on your pensionable earnings during that year. The blocks are then revalued each year to protect against the effects of inflation.

When you reach your normal retirement date, all the blocks are added together to determine your pension.

There’s more information about Career Salary benefits for your section in the document library.