The latest valuation results, as at 31 March 2022, for each of the Scheme’s Sections, A and B respectively, were signed off over the summer. A summary of the latest funding positions for each Section will be issued to members shortly. The Valuation Updates also provide latest Scheme news and information relevant to you and your Section.
Information for Section B members only – there’s an update in the Section B Valuation Update on the plans to transfer Section B to a new scheme sponsored by National Gas Transmission. The Trustee will write to members of Section B with an update on progress by the end of this year. In the meantime, a Q&A explaining more about what’s happening is available here.
The plans to transfer Section B to a new scheme doesn’t affect members of Section A.
20 October 2023