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Scheme Overview
In July 2018, Enhance Construction Pension Scheme members and their benefits transferred to Workers Pension Trust on the same terms and conditions applicable to them under Enhance.
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Investment Approach
When a Member joins the Scheme, contributions are automatically invested in a combination of funds, depending on their age. This is known as the default Lifestyle Strategy.
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Group Life and Accidental Death cover
Workers Pension provides Group Life and Accidental Death cover in the unfortunate event of the death of an Active Member of the Scheme.
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How the Scheme Works
As an employer you will have access to our online system which gives you the facility to update and amend member’s records.
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How much does it cost?
As an employer, you will have to contribute a percentage of your employee’s salary to their pension pot and pay for lump sum life cover and accidental death
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Auto-Enrolment Compliance
In October 2012 the Government introduced legislation making it compulsory for all employers to enrol eligible workers into a qualifying workplace pension scheme and make contributions. This is known as ‘auto-enrolment’.
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Employer FAQs
This section provides answers to the most common questions from employers.