Matched Contributions
Matched Contributions are available to M Plan members (excluding Enhanced M Plan), you can elect to further reduce your Pre You* salary by 1% or 2% and the Company will match your election.
The amount elected by you is invested in the line with any ASC/AVC investment instructions (you will need to submit instructions if you don't already have an ASC/AVC election) and the Company Matched Contributions are invested in line with your Main M Plan investment instructions. If you need to submit investment instructions, you will need to access the Pensions Lotus Notes online application, details can be found here.
Matched Contributions are invested differently because in the event of your death in service, the Company element will be used towards providing spouse and/or dependants pensions. The total amount elected by you will be paid to your beneficiary as a tax-free lump sum.
You can find a leaflet about Matched Contributions below.
Downloads
To view any pdf files you will need Adobe Acrobat version 5.0 or above installed on your computer. You can download this free plugin by clicking here.
| File | Size | Uploaded | Link |
|---|---|---|---|
 More for You - Matched Contributions |
2.32MB | 2011-03-10 | Download |
Last Updated: 10/03/2011
