The DB Section closed on 1 April 2020 and is now administered by XPS.
If you joined after 1 April 2015, you may be part of the DC Section, paying into either Legal & General (L&G) or Prudential. XPS is the administrator to contact if you hold both DB and DC pensions and you have a query.
A DB pension provides a guaranteed income for life when you retire.
A DB pension provides a guaranteed income for life when you retire.
Find out about your Normal Pension Age and how to retire earlier or later.
Take a look at the possible options you have for taking your DB pension.
Find answers to frequently asked questions about life events
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You’re likely to be a member of the DB Section of the Scheme if you worked at the Partnership before 1 April 2015. XPS is the administrator of the DB Section.
The DB Section closed on 1 April 2020 and therefore members who joined the Partnership after 1 April 2015 will only have a Defined Contribution pension pot.
This is where you can find information about your current pension if you’re a Partner now, or were a Partner after 1 April 2015. The Defined Contribution pages are probably the most important for you.
Members who joined the Partnership before 1 April 2015 may also hold DC pension pots with Prudential or Legal and General, as well as a Defined Benefit Pension in the Scheme. We previously referred to this as Hybrid or Dual Benefit. This is because you may have joined the DC Section of the Scheme when you started working at the Partnership and then, after a defined waiting period (which depends on the date you joined the Partnership), you would have become eligible to join the DB Section.
The DB Section closed on 1 April 2020 and therefore members who joined after 1 April 2015 will only have a DC Section pension pot.
