MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.

20th August 2017
:: Scheme Member | How secure is my pension? | How secure is my defined benefit scheme?

How secure is my defined benefit scheme?
 
Until quite recently, most members of traditional ‘company pension schemes’ (what we call defined benefit schemes) would have considered their pension benefits to be guaranteed.
 
Defined benefit schemes provide a promise – which is not a guarantee, despite the term still being in common use. The promise is valid only as long as the sponsoring employer supporting it is able to (or chooses to) keep that promise.
 
It is important you understand what level of security you have, as well as any risks that you face which could affect your pension scheme and the benefits it has promised to provide.
 
To find out more, choose one of our free Factsheets on the right to match your category of membership.
 
 
Not sure which category of member you are? See our definitions:
 
 
 
 
 
See our Glossary for definitions of phrases in our Factsheets
       
 
 
 
 
 
  Defined Benefit scheme members
 
How secure is my defined benefit scheme? - for Active Members of Defined Benefit Schemes
How secure is my defined benefit scheme? - for Preserved Members of Defined Benefit Schemes
How secure is my defined benefit scheme? - for Pensioner Members of Defined Benefit Schemes
       
 
  Money Purchase scheme members
 
This Factsheet is not yet available to members of Money Purchase schemes
This Factsheet is not yet available to members of Money Purchase schemes 
 
     

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