New BSPS 'up and running' for over 80,000 members

Kim Kaveh
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New BSPS now up and running
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New BSPS now up and running

Steelworkers are set to receive their first payments today from the new British Steel Pension Scheme (BSPS), which is now in full operation for over 80,000 employees.

The trustee has confirmed that the payments will include the April 2018 pension increases that the new scheme offers. This comes as members of the old BSPS were asked to decide whether to transfer into...

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