Were you a former Gas Board employee during the 1960s and 1970s?
Were you a Gas Board worker in the 1960s and 70s?
Did you pay into a pension?
You may have an EPB.
When you left the company, you will have had a pension refund
A small portion of pension was left in the scheme
EPBs are payable when you reach age 60 (women) or age 65 (men).
For the whole period (1961 – 1975) the benefit would be £45.50 a year.
A number of mergers and de-mergers over the years means National Grid Plc is now responsible for former gas industry pensions
As part of the changes, you were ‘contracted out’ of the existing ‘graduated’ state pension scheme
However the company had to make sure you still received the maximum pension you could have received if you had stayed in the Scheme.