Coleção GB 0074 LMA/4485 - NORTHERN ELECTRIC GROUP OF THE ELECTRICITY SUPPLY PENSION SCHEME

0.01 linear metres (3 documents)

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

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.

• inglês

• latim

English

This collection forms part of the Pensions Archive.

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

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.

• inglês