For deferred members
You’ve left the business or the Scheme
The National Gas Transmission Pension Scheme is a defined benefit (DB) scheme. Your deferred benefits stay in the Scheme until you’re ready to start taking your pension. When you die, your partner or dependant receives a pension.
Alternatively, if you decide not to take your benefits from the Scheme, you can transfer out.
Latest news
View allHowden – the new name for Barnett Waddingham
Our Scheme administrator, Barnett Waddingham, has changed its name to Howden.
Changes to pension salary sacrifice – but only from 2029
In the Budget on 26 November, the chancellor, Rachel Reeves, announced a cap on the amount of National Insurance (NI) savings that can be made when people pay their pension contributions using salary sacrifice.
Pension increase for 2026
Your Scheme pension is reviewed each year and is increased in April in line with inflation, as measured by the Retail Prices Index (RPI) for the previous September.
