This website is for members of the National Grid Electricity Group (also known as the ‘NGE Group’ or the ‘Group’).
The Group closed to new members with effect from 1 April 2006. If you joined National Grid or worked for the Company before this date and were (or are) classed as Electricity Transmission staff, you’re likely to be a member of the NGE Group.
The latest issue of the Group newsletter is now available to view.
The Company has confirmed that, after careful consideration, the April 2023 percentage pension increase will be capped at 5%.
Further to previous articles, discussions regarding the Group pension increase for 2023 have taken longer than originally anticipated.
The Group Annual Report & Financial Statements for 2022 is now available for you to view online.
The Group Trustee is continuing to hold discussions with its advisers and the Company as to whether a cap will apply to the pension increase for April 2023, in the event that the RPI exceeds 5% in September 2022.
You might have seen pensions referenced in news headlines recently due to current volatility in the financial markets.