Friday, 17 July 2015

SAUL Pension Scheme Update

Both UNISON and Unite have consulted members regarding the proposed changes of the SAUL pension scheme. The changes are to bring in a new CARE scheme from April 2016 and a majority of members voted to accept the revised pension scheme. Unite members also voted to accept the pension scheme changes.

The SAUL employers need to undertake a statutory 60 day consultation with regard to any pension scheme changes. It is anticipated that this will start in mid-July and employers will provide more information on the scheme. At this point a pensions calculator as well as FAQs should be available on the SAUL website. If you are in the SAUL scheme your employer should provide you with further information in July or August.

If you would like to speak to anyone at UNISON about the SAUL changes then please don't hesitate to get in touch with us.

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