Your Railway Pension If you require information or advice about your Railway Pension you can access it via any of the following: 1) Call the Customer Help Line on 08002343434
2) Write to Customer Services, Pensions Management, P.O.300, Darlington. DL3 6YJ For either you will need to quote your name and national insurance number or pensions reference number.
3) Log on to www.railwaypensions.co.uk To register and set up a password you will need your pensions reference and national insurance number. Once registered you will be able to view variable retirement age, lump sum and pension based on your current salary by clicking on 'Defined Benefits members' and then 'Pension Friend'. You can also find information on BRASS with regular updates on investment fund performance.
Death In Service If you die while employed your nominees may receive 4 times your salary tax free by completing a death in service nomination form.If your circumstances change divorce, seperation etc, it is essentialto complete a new nomination form, otherwise your loved ones may have to wait a very long time and not to mention a long drawn out probate case. Nomination forms can be obtained from the Waterloo LDC office or your Branch Secretary. Alternatively click here to download the form on PDF. Complete the form today, tomorrow may be too late!
Do you have another Pension? If you have another pension, a transfer quotation is available with no obligation from the pensions office at Darlington (contact details as shown above). To download a form to transfer in benefits from a previous pension arrangement (not Railway Pension Scheme) click here.
To download a form to transfer membership of a previous section of the Railways Pension Scheme to your current section click here.
Brass Brass is the AVC (Additional Voluntary Contribution) of the Railways Pension fund, ie a way to increase your pension benefits. It is tax efficient as you don't pay tax on your contributions. The maximum contribution is aprroximately 5% of your salary. It should be noted that the funds are subject to market forces, both in the UK and worldwide. Long term investments however, are generaly expected to overcome market variences. To download an application form to join Brass click here. AVC Extra This is an additional voluntary contribution that you may subscribe to over and above your allowed percentage contribution. Information supplied by CG Martin SWT Pensions Committee Trustee