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FOI - Employee pension scheme and pension benefits

Key information

Request reference number: 0761

Date of response:

Summary of request

1. how many scheme members have transferred out of your defined benefit pension scheme into cash or money purchase in: 2016-17; 2015-16. 

2. Please disclose how many defined benefit transfer values were of the following sums: * More than £5m; * Between £2m and £5m; * Between £1m and £2m; * Between £500k and £1m; * Less than £500k. 

3. What current multiple of annual pension benefits are you offering for transfer valuations? 

4.Different multiples?

5.Multiple for 25% cash free sum?

6. total value you agreed to pay out to members in financial year 2016-17 and financial year 2015-16?

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