Scheme information

On the front of your member benefit statement you receive every year, it tells you what part of the Scheme you are in.

The Scheme is organised in four parts (known as Divisions). These each have different benefits based on different rules.

This is important as it affects what you can get from the Scheme in exchange for what you put in. What applies to one part often doesn’t apply to others (though it may).

Which part of the Scheme you are in depends on when you joined the electricity industry and other factors.

The Scheme parts are referred to by the following names:

• Division 2 or the Lump Sum Scheme – most people who joined between 1988 and 1999
• Division 3 or the Pension Scheme – many people who joined before 1988
• Division 4 or the RG Scheme – the others who joined before 1988
• Division 5 or the Accumulation Scheme – anyone who has joined since privatisation and others who joined before 2000

The member booklet which sets out the features of each Division can be downloaded from the
Forms & publications section of this website.