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(This means you are no longer building up pension in the Scheme)

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BOC Pension Scheme (the Scheme)

You are currently a deferred member of the Scheme. You are a 'deferred member' if you're no longer working for BOC, or you've opted out of the Scheme.

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Summary Report and Accounts

Read the latest Summary Report and Accounts newsletter for members of the BOCPS, bringing you the latest scheme and pension news, financials and more.

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New scams are emerging all the time and can be by post, email, phone, social media or in person.

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What is the Scheme?

The BOC Pension Scheme is a defined benefit (DB) pension arrangement through which you saved for your retirement. A DB pension arrangement is one where your pension is based on your salary, length of service, and a fraction known as an 'accrual rate'. You and the Company pay into your pension while you are an ‘active’ member. When you retire, you get a pension for life and you can also take a cash lump sum.

The Scheme will provide you with a pension and the option to take some tax-free cash from age 55. It also offers other benefits that give you and your dependants some financial security if you die or are too ill to work.

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Please note, the Gist Limited Pension Scheme (GLPS) merged with the BOC Pension Scheme (BOCPS) in 2020. If you were a member of the GLPS and want to see the Scheme's history and documents, then please visit the GLPS page.

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