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Pensions
> Family Solution
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Family Solution
A new 'Family Solution' has been agreed that seeks to substantially reduce the deficit in the Baptist Pension Scheme (the Scheme). The Family Solution follows lengthy and detailed negotiations between the Pension Trustee and the BPS Employers Group (acting on behalf of the Baptist Union of Great Britain (BUGB) and the other scheme employers).
February 2019 Update:
An update on the Family Solution in relation to Double Cessation Events has been sent to all scheme employers. A copy can be found here:
February 2019 update email
January 2019 Update:
An update on implementation of the Family Solution has been sent to all scheme employers. A copy can be found here:
January 2019 update letter sent to employers
For more detail about the key features of the Family Solution, please click on the links below to read the communications sent out in May 2018:
Letter sent to members, churches and tenants outlining the Family Solution
FAQs for churches and other employers
FAQs for Scheme members
Summary of the Scheme funding position
RBMHS involvement in the Baptist Pension Scheme Family Solution
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