Hanson Industrial Pension Scheme - Defined Benefit
The Hanson Industrial Pension Scheme is governed by a Trust Deed and Rules as amended from time to time. The provisions of the Scheme are summarised in a Member Guide which is issued to all members when they join the Scheme and updated from time to time. If there is a conflict between the Member Guide and the Trust Deed and Rules, the Trust Deed and Rules prevail.
Hanson Industrial Pension Scheme Quarterly Investment Summary
A death benefit lump sum may be payable following your death. Completing an Expression of Wish form allows you to tell the Trustee(s) of the Scheme how you would like any lump sum death benefit to be distributed.
The Trustee(s) will take account of your form, but are not bound by it. Your Expression of Wish form should be updated to reflect changes to your current circumstances, for example, if you marry, divorce or have children.
Future pension online projections available
Did you know that you can obtain online projections of your future pension?
This feature is available for HIPS defined benefit members to supplement the function already available for defined contribution members.
This FAQ Information Leaflet sets out responses to the questions most frequently asked by members of the final salary section.
If there is conflict between this information leaflet and the Trust Deed and Rules, the Trust Deed and Rules prevail.