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Employers paying final salary pensions

intowhere
intowhere Posts: 77 Forumite
in Pensions, annuities & retirement planning
Does anyone know if any companies that are offering a final salary pension for new joiners? Otherwise is it just Local Gov, Civil Service, Teaching / NHS?

Comments

  • hyubh
    hyubh Posts: 3,785 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    intowhere wrote: »
    Does anyone know if any companies that are offering a final salary pension for new joiners? Otherwise is it just Local Gov, Civil Service, Teaching / NHS?

    If you literally mean 'final salary', then none of those do, though they are still full DB. The Railway's Pension Scheme still has sections that offer new FS benefits, though I think this is typically after a few years employment, I'm not sure (hopefully someone else reading is more informed).
  • AlanP_2
    AlanP_2 Posts: 3,553 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Not Final Salary but Unilever offer a CARE DB scheme still.
  • bingo_bango
    bingo_bango Posts: 2,594 Forumite
    Civil Service is CARE DB since 01/04/15.

    The days of final salary are long gone.....
  • GunJack
    GunJack Posts: 11,946 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lots of (mainly) larger companies still have DB pensions, most are probably CARE by now
    ......Gettin' There, Wherever There is......

    I have a dodgy "i" key, so ignore spelling errors due to "i" issues, ...I blame Apple :D
  • Nual
    Nual Posts: 179 Forumite
    Part of the Furniture Combo Breaker
    Many Registered Social Landlords (old Housing Associations) have DB pensions
  • woolly_wombat
    woolly_wombat Posts: 841 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Nual wrote: »
    Many Registered Social Landlords (old Housing Associations) have DB pensions

    Presumably LGPS?
    .
  • Nual
    Nual Posts: 179 Forumite
    Part of the Furniture Combo Breaker
    No, its Social Housing Pension Scheme The Pensions Trust
  • hugheskevi
    hugheskevi Posts: 4,702 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Civil Service is CARE DB since 01/04/15.

    The days of final salary are long gone.....

    Civil Service went to CARE for new joiners in 2007, when the nuvos scheme was introduced.
This discussion has been closed.
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