Identificatie
referentie code
Titel
Datum(s)
- 1956 - 2005 May (Vervaardig)
Beschrijvingsniveau
Omvang en medium
0.01 linear metres (3 documents)
Context
Naam van de archiefvormer
Biografie
In 1990, when privatisation of the electricity industry occurred, most staff were either in, or retired from, a "final salary" scheme called the Electricity Supply Pension Scheme (ESPS) to which they paid 6% of their working salary whilst the employing board paid an amount equal to 12%. Although membership is not now compulsory, it was a condition of employment for almost all pre-1990 ESPS members and the pension arrangement was recognised to be part of the employment package.
Strenuous efforts were made to assure staff that their rights and conditions would be protected in the new organisation. Indeed, the Government issued a Statutory Instrument (S.I. 346 1990) for this purpose. A further S.I. (No.318 1990) set out the amendments which the Government required to be made to the ESPS pension scheme. This latter S.I. paved the way for the original single ESPS scheme to be split into 24 Group schemes, each of which is closely identified with one employer.
archiefbewaarplaats
Geschiedenis van het archief
GB 0074 LMA/4485 1956 - 2005 May Collection 0.01 linear metres (3 documents) Electricity Supply Pension Scheme
In 1990, when privatisation of the electricity industry occurred, most staff were either in, or retired from, a "final salary" scheme called the Electricity Supply Pension Scheme (ESPS) to which they paid 6% of their working salary whilst the employing board paid an amount equal to 12%. Although membership is not now compulsory, it was a condition of employment for almost all pre-1990 ESPS members and the pension arrangement was recognised to be part of the employment package.
Strenuous efforts were made to assure staff that their rights and conditions would be protected in the new organisation. Indeed, the Government issued a Statutory Instrument (S.I. 346 1990) for this purpose. A further S.I. (No.318 1990) set out the amendments which the Government required to be made to the ESPS pension scheme. This latter S.I. paved the way for the original single ESPS scheme to be split into 24 Group schemes, each of which is closely identified with one employer.
Deposited by the Pensions Archive Trust in 2008.
The collection contains Pension Scheme Explanatory Booklets; 'Central Electricity Authority and Area Boards (Manual Workers) Superannuation Scheme Explanatory Booklet' (1956) [facsimile copy]; 'Electricity Supply (Staff) Superannuation Scheme Explanatory Booklet' (1956) [facsimile copy] and 'Electricity Supply Pension Scheme Northern Electric Group Members Guide (2005).
This collection is arranged into a series of Pension Scheme Explanatory Booklets (LMA/4485/01).
These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.
Copyright rests with the depositor.
English
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
This collection forms part of the Pensions Archive.
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.
July to October 2009 Documents Business records Information sciences Communications media Publications Booklets Service industries Financial service industries Pension services Information sources Occupational pensions Pensions Social security Social services Company archives Electricity Supply Pension Scheme
Directe bron van verwerving of overbrenging
Deposited by the Pensions Archive Trust in 2008.
Inhoud en structuur
Bereik en inhoud
The collection contains Pension Scheme Explanatory Booklets; 'Central Electricity Authority and Area Boards (Manual Workers) Superannuation Scheme Explanatory Booklet' (1956) [facsimile copy]; 'Electricity Supply (Staff) Superannuation Scheme Explanatory Booklet' (1956) [facsimile copy] and 'Electricity Supply Pension Scheme Northern Electric Group Members Guide (2005).
Waardering, vernietiging en slectie
Aanvullingen
Ordeningstelsel
This collection is arranged into a series of Pension Scheme Explanatory Booklets (LMA/4485/01).
Voorwaarden voor toegang en gebruik
Voorwaarden voor raadpleging
These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.
Voorwaarden voor reproductie
Copyright rests with the depositor.
Taal van het materiaal
- Engels
Schrift van het materiaal
- Latijn
Taal en schrift aantekeningen
English
Fysieke eigenschappen en technische eisen
This collection forms part of the Pensions Archive.
Toegangen
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Verwante materialen
Bestaan en verblifplaats van originelen
Bestaan en verblijfplaats van kopieën
Related units of description
Aantekeningen
Alternative identifier(s)
Trefwoorden
Geografische trefwoorden
Naam ontsluitingsterm
Genre access points
Beschrijvingsbeheer
Identificatie van de beschrijving
Identificatiecode van de instelling
Toegepaste regels en/of conventies
Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.
Status
Niveau van detaillering
Verwijdering van datering archiefvorming
Taal (talen)
- Engels