It’s just big words for a simple idea. How simple? Watch this quick video to find out.

How you could be affected

If GMP conversion goes ahead, the rate at which your minimum level of benefits increases each year could be slightly different. This would be reflected in any future quotes or statements you receive.

We won’t know exactly how you’re affected until you reach the point of retirement, and we run the required calculations.

You can find more information about our proposal for GMP equalisation and conversion in the Consultation Guide or refer to the FAQs.