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Latest news
31/03/2026 - PENSION INCREASES 2026 - The increase to Final Salary, Hybrid and Pre 2019 Money Purchase pensions in payment from April 2026 is 3.6%. The statutory increase to the Post 88 GMP this year will be 3.0%. The Increases to post 2019 Money Purchase pensions in payment from April 2026 are 2.5% for post 2005 pension and 3.00% for pre 2005 and AVC pensions. The increase confirmation letters are planned to be posted by 21st April but we will update the web site if this is likely to change. If you have any queries on pension increases there is a Questions and Answers document available on the website here.
31/03/2025 - PENSION INCREASES 2025 - The increase to Final Salary, Hybrid and Pre 2019 Money Purchase pensions in payment from April 2025 is 3.4%. The statutory increase to the Post 88 GMP this year will be 1.7%. The Increases to post 2019 Money Purchase pensions in payment from April 2025 are 2.5% for post 2005 pension and 2.8% for pre 2005 and AVC pensions. The increase confirmation letters are planned to be posted by 21st April but we will update the web site if this is likely to change. If you have any queries on pension increases there is a Questions and Answers document available on the website here.
26/04/2024 - CHANGE OF BANKING ARRANGEMENTS - Please note that with effect from the April 2024 pension payment, due to a change of scheme banking arrangements, the name that will appear on your bank statement will change from Pearl Group Services to P.A.T (Pensions) Ltd. This will have no effect on your regular monthly pension payments.



DATA PROTECTION NOTICE

Under the Data Protection Act 1998, we are required to protect any information or data you provide to us.

Some personal data (such as date of birth and salary) is required for the running of the Scheme, including paying out the right benefits. The use of this data is regulated under the Data Protection Act, which places certain responsibilities on those who exercise control over the data (known as “data controllers” under the Data Protection Act).

Data controllers would include the trustees of the Scheme and in certain circumstances, professional advisers to the Scheme.

These may include the Scheme Actuary and Towers Watson, who have provided further details here.

By using and/or submitting information via this website and by continuing to be a member of the Scheme, you consent to us processing your personal information, including sensitive personal information, as set out in this notice.

We process personal information, including sensitive personal information, to enable us to administer the Scheme. Where necessary or required we may share information with the following:

  • Claimants, beneficiaries, assignees and payees
  • Pension schemes with which the person whose personal information we are processing has an association
  • Trade and business associates and professional advisers
  • Healthcare, social and welfare organisations
  • Financial organisations and advisers
  • Central and local government
  • Service providers
  • Ombudsmen and regulatory authorities
  • Suppliers
  • Family, associates or representatives of the person whose personal data we are processing
  • Current, past or prospective employers

Where we use other organisations in the course of administering the Scheme, they are contractually obliged to treat any information or data passed to them as confidential.

In certain limited circumstances, we may share your personal information with the sponsoring employers of the Scheme. Where necessary, we may also provide personal information to law enforcement authorities as part of a criminal investigation.
The information placed on this website is for ease of reference only. Whilst every effort is made to keep this information up to date, sometimes there is necessarily a delay in posting new or revised documentation and, as such, members should only rely on the printed documentation provided in relation to the Scheme, which is available from the Scheme Administrators. Members access this website on the basis that the Company and the Trustee of the Scheme will not be liable for any action taken in reliance on the information posted on it. If you have queries please contact us.

Data Protection Notice
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