NRG Group Pension Scheme

Regulatory and useful information about the Scheme

The NRG Group Pension Scheme (the “Scheme”) provides benefits on retirement, ill-health and on death for members. The Scheme provides defined benefit (“DB”) benefits and defined contribution (“DC”) benefits. Members may have also paid additional voluntary contributions (“AVCs”), which is also a type of DC or ‘money purchase’ benefit, into the Scheme. All members of the Scheme are either receiving a pension (including spouses or dependants of members who have died) or have a deferred pension which will be paid when the member retires. The DC section of the Scheme closed to future accrual of benefits on 31 March 2013, which means there are no active members in the Scheme. The Scheme is run by Vidett Trust Corporation Limited, who act as a professional sole corporate trustee. You can contact them by email at ricoh@vidett.com.

Regulations require schemes to publish certain information on disclosure and costs and these are included within the Chair’s Statement which can be found on this website.