These UKRF sections are affected:
1964 Pension Scheme (including former Woolwich Pension Fund members)
AP89 Pension Scheme (former Allied Provincial PLC 1989 Pension Scheme)
Capel Cure Scheme
Mercantile Plan
Barclays Capital Scheme
Members of the sections who built up GMPs between 17 May 1990 and 5 April 1997 may be affected.
Service built up:
How we'll review your pension:
1. Work out the amount of pension you built up between 17 May 1990 and 5 April 1997.
2. Work it out again, as if you were a member of the opposite sex using the same age, salary, service and date you retired.
If your pension is higher...
There is no need to increase your pension. So don't worry if you don't hear from us about this: it means you are already receiving the right level of pension.
If your pension is lower...
There may be a need to increase your pension or you may receive a one-off additional payment (which includes interest) to make up for receiving a lower pension in the past... Or both. If you are affected we will contact you.
If your pension changes, you may have tax issues to consider.
If you have any questions, check out our Frequently asked questions or contact us.
Please note: If you only have benefits in one or more of these sections, you are not affected: