The Scheme-wide introduction of Monthly Data Collection (MDC) from April 2018 means all employers will have to provide members’ latest service and salary details on a monthly rather than an annual basis.

The benefit for you is that your service and salary details will be up to date and when you view your Benefit Statement online it will reflect all of the pension benefits you’ve accrued, not just those up to the end of the last Scheme year.

It’s vital you regularly check your Benefit Statement and ensure any gaps in service are reported to your employer at the time of service as soon as possible.

To find out more about MDC, speak to your employer about their MDC plans.