I worked with one of the main banks and left about 10 years ago. I have deferred Benefits from my time in this employment.
I received a letter last week advising me that a review of the banks Pension Schemes is currently taking place. This letter indicated that I would be advised on progress but did not suggest that I would have any opportunity for input into this review.
I'm wondering do I have any rights to be consulted or am I merely entitled to receive the outcome of this review.
Can this review diminish entitlements built up to date or is it likely to be limited to what happens from the point of the review.
All views/information welcome. I currently feel like I don't have a voice in this process but it has the potential to impact seriously on our future. When I left this employment the fund was in Surplus.
I received a letter last week advising me that a review of the banks Pension Schemes is currently taking place. This letter indicated that I would be advised on progress but did not suggest that I would have any opportunity for input into this review.
I'm wondering do I have any rights to be consulted or am I merely entitled to receive the outcome of this review.
Can this review diminish entitlements built up to date or is it likely to be limited to what happens from the point of the review.
All views/information welcome. I currently feel like I don't have a voice in this process but it has the potential to impact seriously on our future. When I left this employment the fund was in Surplus.