Defined Benefit Member

If you were employed by the Bank prior to 1 January 2006  you may have a Deferred Defined Benefit Pension.

The Defined Benefit Section of the Scheme closed to new entrants on 31 December 2005 and closed to future accrual on 28 February 2018 at which time the active Defined Benefit members were enrolled into the Defined Contribution Section of the Scheme.

Benefits under the Defined Benefit Section will be calculated using the salary at the date of leaving/closure and increments will be applied as per the rules of the Scheme or documentation issued at the date of closure.

Should you have any queries relating to Benefits within please contact Capita. You can find their contact details here.

To find further information on the Defined Benefit Section you can view the documents below.

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