THE BIOCHEMICAL SOCIETY STAFF PENSION SCHEME

This notice concerns you if you are an employee or former employee (whether full-time or part-time) of The Biochemical Society or a widow / widower, child or dependant of such employee or former employee who is or believes that he or she is entitled to benefits under the Scheme.

The Trustees intend to transfer the Scheme's assets to a Master Trust. This means that the Scheme is being wound up, with pensions and benefits continuing to be paid, but by the Master Trust.

Before wind up the Trustees of the Scheme must estabish exactly who the Scheme’s beneficiaries are and their entitlement to benefits, so that the Trustees can arrange for the assets of the Scheme to be used to provide pensions and benefits due to those beneficiaries. The Trustees intend to transfer assets to a Master Trust who will become liable for administration and payroll with the Society remaining liable for members’ benefits.

The Trustees have taken all reasonable steps to contact the members and beneficiaries of the Scheme for whom they have records. An announcement has been sent to those members and beneficiaries and their benefits under the Scheme have been identified. If you have not already received the announcement from the Trustees and you believe you may be entitled to benefits from the Scheme, please provide written details of your claim (specifying your full name, address and particulars of your membership of the Scheme) to: The Biochemical Society Staff Pension Scheme, Tracy White, XPS Administration, PO Box 562, Middlesbrough, TS1 9JA. E-mail: biochemical@xpsplc.com

The last date for sending in a claim is 10 April 2024.

Ag NJ110801