About the Scheme
Archive
Key dates
June 2016
The NGUKPS Trustee wrote to you to confirm their agreement with National Grid to create three separate and independent sections within the Scheme.
November 2016
The NGUKPS Trustee wrote to you to confirm which section your pension benefits had been allocated to.
December 2016
The NGUKPS Trustee wrote to members with benefits allocated to Section C to confirm the buyer of a majority stake in the Gas Distribution business.
April 2017
The NGUKPS Trustee wrote to you to confirm the NGUKPS was restructured into the three sections, and that your pension benefits remain just as safe, secure and well supported. There were no changes to your accrued benefits as a result of the change, including no change to spouse benefits, death benefits or the way your pension increases.
Initial announcement - June 2016 letters+
Section allocation, funding and security - November 2016+
The following videos explain how pensions are funded under sectionalisation, and how members were allocated across sections. Click on the images below to view these.
