Annual Benefit Statements 2017

3rd April 2018

The Annual Benefit Statements are usually issued with the yearly/annual Bulletin, but this year they have taken longer to produce than we would wish and therefore the statements are being issued separately in two groups:-

1. To members with defined benefits under the final salary structures who do not have Additional Voluntary Contributions (AVCs) and/or Shift Pay Pension Plan (SPPP) benefits (issued to members’ home addresses on 15 March 2018)
2. To members with defined contribution pots under the New Joiner Structure and members with defined benefits under final salary structures who also have AVCs and/or SPPP benefits.

Unfortunately the DC statements have been further delayed as extra checks and final testing are required so the statements to the second group will not be sent until mid May.

Whilst the delays are unfortunate, the value of the members’ funds are not impacted in any way and we expect this to be a one-off issue. Please note that any retirement or leaver quotes are not impacted by this delay and will still be produced in the normal way.

We apologise for any inconvenience this delay may have caused.

CNPP Secretariat