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Deferred members

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

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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.

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A change to the Trustee Board

We wrote to you in January 2025 confirming that the Trustee of the Scheme was required to run a process for the appointment of Member Nominated Trustee Directors (MNTDs), and inviting applicants.

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A change to the Trustee Board

On 28 January 2025, Anh Duong resigned as a Company-appointed director of the Scheme.

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Your benefits

Looking forward to your future

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Transfer your benefits

Managing your retirement income

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Switch your AVCs

Keeping your investments on track

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Get ready to retire

Understanding your options

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What happens if...?

Being ready when things change

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