Current Updates - MMPS
There is a requirement for most trust-based Defined Contribution (DC) schemes to produce an annual Chair’s Statement. MMPS is a Defined Benefit Scheme, which includes a Long Service Award. These contributions in the main are invested on a DC basis as long service contributions which are non-Additional Voluntary Contribution DC benefits. This effectively makes this a DC Section within the Scheme and as such, it is a requirement of law that the Trustee produce an Annual Chair’s Statement. The current Chair's Statement is here:
Member Nominated Director - VACANCIES (01/09/2021)
Two vacancies have become available for Member Nominated Directors on the Trustee Board. Applications are being sought for both nominations from the Pensioner Constituency. Additional information can be found in the document below.
Statement of Investment Principles (SIPs)
The Scheme's latest SIPs: