SCHEME AGM
Electricity Supply Pension Scheme AGM
The Electricity Supply Pension Scheme (the Scheme) holds an Annual General Meeting (AGM) for members, which usually takes place online in November each year. The purpose of the meeting is set out below.
While this AGM relates to the Scheme and is not business-specific to National Grid Electricity Group (the Group) or other individual Groups of the ESPS, Group members are welcome to attend. You can raise resolutions related to the ESPS (but not the Group) in advance, attend the annual event online, and vote on resolutions.
This year’s event
This year’s Scheme AGM will take place on Tuesday, 19 November 2024 starting at 1.00pm.
Details on how to register for the online event will be made available here shortly and via the summer 2024 issue of Pensions Brief.
For more information on the ESPS, please click here. The minutes of the 2023 Scheme AGM will be available in due course.
The purpose of the Scheme AGM
The purpose of the event is to:
- receive the Scheme Annual Report & Financial Statements, the Auditor’s Report and the Report of the Scheme Trustee
- conduct any general business, including the consideration of any resolutions proposed by members.
Resolutions
Members have up to 28 days before the date of the Scheme AGM each year to submit a written Resolution to the Scheme Secretary.
Any Scheme AGM Resolutions received will be subject to approval following advice from EPTL's legal advisers, Fieldfisher.
For information - competent business for the ESPS Members' AGM is defined as: ‘Business which relates to the accounts of the Scheme, the proper functions of the Scheme Trustee, and matters which have a specific effect on members of the Scheme (not just as members of any occupational pension scheme)’.
Members are reminded that they have the opportunity to raise any matters of concern at Group level at any time by contacting NGE Group Trustee Services at: NGEGESPS@Barnett-Waddingham.co.uk