Security of the CNPP

The CNPP is set up under trust in common with other non-statutory pension plans. Subject to the regulation of the Pensions Regulator, it is governed by trust law and overriding legislation, which means that the assets of the Plan are held entirely separate from the Employer, NDA or Government.

Where the NDA is meeting employment costs for each SLC with employees in the CNPP, these costs are passed through to the NDA and ultimately borne by Government out of the nuclear decommissioning budget.