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#71
News / Re: Pension Query (Apologies i...
Last post by Steve_2 - June 05, 2017, 07:02:21 PMAtul,
Another possibility, if you paid contributions for less than two years, you may have taken a cash refund (with interest) on leaving. Then you would have no paperwork after that.
Another possibility, if you paid contributions for less than two years, you may have taken a cash refund (with interest) on leaving. Then you would have no paperwork after that.
#72
News / Re: Pension Query (Apologies i...
Last post by John Ratsey - June 05, 2017, 02:36:36 PMHave you emailed pensionsteam at ch2m.com? If they didn't have your up-to-date contact details last year then you will have remained with HPS, which is no longer managed by the pensions team as it is being transferred to the PPF, but they should have replied telling you who to contact.
#73
News / Re: Pension Query (Apologies i...
Last post by Steve_2 - June 05, 2017, 01:07:56 PMThe pensions team are always very helpful. I can't believe they have not already advised you if you contacted them, and are a deferred pensioner as you say.
#74
News / Pension Query (Apologies if th...
Last post by miglania - June 05, 2017, 10:43:56 AMDear All,
I have tried to reach out to the Pensions team at CH2M but no luck. I worked in the consulting business group with Phil Johnson, Jon Bateman between 2001 and 2003. I misplaced my paperwork for pension and am trying to work out where my funds are vested. I still have my contract letter in 2001, P60, Resignation letters etc.
Would appreciate if someone can steer me in the right direction please?
Regards Atul
07899005588
I have tried to reach out to the Pensions team at CH2M but no luck. I worked in the consulting business group with Phil Johnson, Jon Bateman between 2001 and 2003. I misplaced my paperwork for pension and am trying to work out where my funds are vested. I still have my contract letter in 2001, P60, Resignation letters etc.
Would appreciate if someone can steer me in the right direction please?
Regards Atul
07899005588
#75
News / HPS2 Member-Nominated Trustees
Last post by John Ratsey - April 28, 2017, 02:42:32 PMMembers of HPS2 should have received a mailshot from the Pensions Team which includes requests for nominations for member-nominated trustees and also describes the selection process.
However, the mailshot fails to mention that it's the company which selects from among the nominations. The page numbered 2 in the HPS Accounts to 30 June 2016 (available from the Halcrow Pensions website (when it works) ) states "The Principal Employer may at any time, by deed, appoint one or more persons or a body corporate (whether or not a trust corporation) to be a new Trustee (in place of a person who ceases to be Trustee for any reason) or an additional Trustee. The Principal Employer may also at any time, by deed, remove any of the Trustees from office. This rule is subject to such of the provisions of sections 241-243 of the Pensions Act 2004 ad the Occupations Pension schemes (Member-nominated Trustees and Directors) Regulations 2006 as may apply to it from time to time."
So the likelihood of anyone who puts pension scheme members above the company getting selected is small.
John
However, the mailshot fails to mention that it's the company which selects from among the nominations. The page numbered 2 in the HPS Accounts to 30 June 2016 (available from the Halcrow Pensions website (when it works) ) states "The Principal Employer may at any time, by deed, appoint one or more persons or a body corporate (whether or not a trust corporation) to be a new Trustee (in place of a person who ceases to be Trustee for any reason) or an additional Trustee. The Principal Employer may also at any time, by deed, remove any of the Trustees from office. This rule is subject to such of the provisions of sections 241-243 of the Pensions Act 2004 ad the Occupations Pension schemes (Member-nominated Trustees and Directors) Regulations 2006 as may apply to it from time to time."
So the likelihood of anyone who puts pension scheme members above the company getting selected is small.
John
#76
General Discussion / Re: Potential Merger CH2M with...
Last post by John Ratsey - April 22, 2017, 08:49:02 PMI'm a little surprised that the Atkins board didn't repel the bid given SNC-Lavelin's residence on the World Bank blacklist http://www.worldbank.org/en/news/press-release/2013/04/17/world-bank-debars-snc-lavalin-inc-and-its-affiliates-for-ten-years.
#77
General Discussion / Re: Potential Merger CH2M with...
Last post by Adam Schofield - April 21, 2017, 12:50:27 PMAtkins has indeed been 'bought' by SNC-Lavalin - subject to shareholders agreeing with the recommendation of Atkins Exec Board. Which they will
#78
General Discussion / Re: Potential Merger CH2M with...
Last post by John Ratsey - April 19, 2017, 09:56:43 PMThe latest NCE includes a report about Atkins having received an attractive offer from SNC-Lavelin.
#79
General Discussion / Re: HPS2 Deferred Benefit Stat...
Last post by jsouthwell - April 11, 2017, 05:58:26 PMThanks for all the feedback, I've raised my concerns with the pensions team and asked for the calculation. On re-reading the future revaluation criteria for years accrued before 01/03/2001 I'm wondering if the quoted figure doesn't include the late retirement factor for not taking that element of the pension until age 65. It hadn't read that way initially. I'll report back once I hear from the pensions team.
#80
General Discussion / Re: HPS2 Deferred Benefit Stat...
Last post by Steve_2 - April 08, 2017, 01:51:47 PMThe column headed "HPS scheme revalued..." is actually your HPS2 pension excluding any uplift, not what your HPS would have been. You'll see it's 1% less than the next column.
My recollection is the revaluation under PPF and HPS2 is to 31st December 2007, or date leaving the scheme. I think the five year capped salary link from that date might be ignored? (Edit: perhaps its only ignored where the PPF underpin revaluation is more favourable, i.e. Where salary rise was lower than cpi)
My recollection is the revaluation under PPF and HPS2 is to 31st December 2007, or date leaving the scheme. I think the five year capped salary link from that date might be ignored? (Edit: perhaps its only ignored where the PPF underpin revaluation is more favourable, i.e. Where salary rise was lower than cpi)