News
Were you automatically enrolled on 31 October 2017?
If you meet the Automatic Enrolment eligibility criteria as at 31 October 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Pension Benefit Statements 2017
We are pleased to announce the Scheme’s Benefit Statements have been issued to all active and deferred members. The statements provide members with important information about their benefits in the Scheme.
Please make sure you read and understand the information provided. To help, we have updated the My Benefit Statement area on our website. From here you will be able to access
•A breakdown of the various sections within the statement, including easy to understand explanation of the content.
•A short set of slides explaining the importance of the benefit statement.
Remember, it’s important to keep track of all your pension savings to help you plan effectively for your future and keep informed about your benefit entitlements.
If you have any queries about your statement, please feel free to contact us.
Were you automatically enrolled on 30 September 2017?
If you meet the Automatic Enrolment eligibility criteria as at 30 September 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Were you automatically enrolled on 31 August 2017
If you meet the Automatic Enrolment eligibility criteria as at 31 August 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
2017 Summary Funding Statement
The KPS-FS 2017 Summary Funding Statement is now available for viewing online. This statement summarises the results of the latest valuation on the KPS-FS. This communication will be posted to all KPS-FS members who have requested a hardcopy shortly.
A copy of the 2017 Summary Funding Statement along with the full Actuarial Report has also been uploaded to the website. These documents can be viewed by clicking here.
If there are any queries relating to the communication or the valuation please do not hesitate to contact us.
Were you automatically enrolled on 31 July 2017?
If you meet the Automatic Enrolment eligibility criteria as at 31 July 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Were you automatically enrolled on 30 June 2017?
If you meet the Automatic Enrolment eligibility criteria as at 30 June 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Were you automatically enrolled on 31 May 2017?
If you meet the Automatic Enrolment eligibility criteria as at 31 May 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Were you automatically enrolled on 30 April 2017?
If you meet the Automatic Enrolment eligibility criteria as at 30 April 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Were you automatically enrolled on 31 March 2017?
If you meet the Automatic Enrolment eligibility criteria as at 31 March 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
KPS-FS Pensioner Communication
In accordance with legislation and the KPS Trust Deed & Rules, KPS-FS pensions in payment were increased on 1 April 2017 in line with the Retail Prices Index (RPI).
Pension payments will be made on 6 April 2017 to UK bank accounts, and a few days later if you are receiving your pension payment into an overseas bank account.
The 2017 Combined Pension Increase, April payslips and P60s communication will be mailed out to all pensioners by the end of this week and landing on doors from this weekend. We apologise for the delay however should you have any queries please do not hesitate to contact us.
Please note P60s will only be provided for those identified as UK residence. If you’re based in Jersey. Guernsey or the Isle of Man, have not received a P60 and require a statement of earnings please contact the payroll department.
Were you automatically enrolled on 28 February 2017?
If you meet the Automatic Enrolment eligibility criteria as at 28 February 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Were you automatically enrolled on 31 January 2017?
If you meet the Automatic Enrolment eligibility criteria as at 31 January 2017, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
Individual Protection 2014 Reminder
We would like to remind all of our members that anyone who is intending to apply for Individual Protection 2014 will need to do so before 5 April 2017. Please note you can apply if your pension(s) were worth more than £1.25 million at 5 April 2014.
Individual Protection 2014 is in place to protect your lifetime allowance to the lower of:
- the value of your pension(s) at 5 April 2014
- £1.5 million
You can continue to build up your pension savings once you have applied for Individual Protection 2014, but will have to pay tax on money taken from your pension(s) that exceed your protected lifetime allowance.
Before you start
You’ll need:
- an account for HMRC online services – you can set one up when you start your application
- to know what your pension(s) were worth on 5 April 2014 and a breakdown of the amount
If you don’t know this information, you can ask us or other pension scheme administrator who you have pension savings with. If you have more than one scheme, add the amounts from each scheme together.
How do I apply?
Members who want to apply for IP2014 protection must do this through the lifetime allowance online service, accessed through the guide Pension schemes: protect your lifetime allowance.
To apply, members will need an HMRC online services account. To create an account, or to login to an existing one, they should go to HMRC services: sign in or register.
Members can find more information about the lifetime allowance and protecting their pension savings on GOV.UK.
Although the deadline for IP2014 applications closes at midnight on 5 April 2017, individuals will still be able to log on and amend an existing application after this date.
Further information can be found on our Lifetime Allowance page.
Were you automatically enrolled on 31 December 2016?
If you meet the Automatic Enrolment eligibility criteria as at 31 December 2016, you will start to receive your Zurich Welcome Packs shortly.
The Zurich Welcome Packs and passwords have begun to be posted so you will receive both documents very soon. If you have only received your password and no Welcome Pack or vice versa, please contact Zurich on 0800 500 3144 to ask for this to be re-posted to you.
If you have any Automatic Enrolment questions, you can read our FAQs or call the Automatic Enrolment helpline on 0303 334 7080.
