Valuation and Benefits Review - Consultation Documents

The following Consultation Documents are available for the Scottish Housing Associations' Pension Scheme (SHAPS) Valuation and Benefits Review.

Please note these documents were produced before the Scheme changed its name and therefore do not reflect the Scheme's new name, logo, website and email addresses.

Scottish Housing Associations' Pension Scheme (SHAPS) Employer Form of Authority - To be completed by employers required to switch to CARE 120ths benefit option from 1 April 2012.

Last Updated 22 November 2011

Employer Consultation Guidance Notes - This document gives background on the September 2009 valuation and provides guidance for employers on the introduction of the new benefit structures from 2011. Last updated: 31 October 2010.
Employer Form of Authority - This form should be completed and returned by all employers, whether or not there is to be any changes to their pension arrangements. Last updated: 31 October 2010.
Employer Consultation Template - This generic template is to assist employers when preparing their own consultation material. Last updated: 31 October 2010.
Information and Consultation of Employees Regulations 2004 - This document is for employers and explains how to calculate whether they have had, on average, 50 or more full-time equivalent employees in the 12 months prior to consultation. Last updated: 31 October 2010.
Important Information for Members - This leaflet provides active members with an overview of the new benefit structures the Scottish Housing Associations' Pension Scheme will facilitate from 2011. Last updated: 31 October 2010.
Final Salary 60th - Key Features - This leaflet details the key features of the Final Salary 60ths benefit structure. Last updated: 31 October 2010.
CARE 60th - Key Features - This leaflet details the key features of the CARE 60ths benefit structure. Last updated: 31 October 2010.
CARE 70th - Key Features - This leaflet details the key features of the CARE 70ths benefit structure. Last updated: 31 October 2010.
CARE 80th - Key Features - This leaflet details the key features of the CARE 80ths benefit structure. Last updated: 31 October 2010.
CARE 120th - Key Features - This leaflet details the key features of the CARE 60ths benefit structure. Last updated: 31 October 2010.
Benefit Comparison Tables - These tables provide details, on a comparative basis, of the pensions which members would earn under the CARE and Final Salary benefit structures. Last updated: 31 October 2010.
Member Contributions Net of Tax and National Insurance Table - This table provides detail of the net member contribution rate net tax and National Insurance, where applicable. Last updated: 19 January 2011.
Frequently Asked Questions Last updated: 17 January 2011.

Valuation Results and Benefit Review - This letter was issued to employers on 24 September 2010.
Valuation Results and Benefit Review - This letter was issued to employers on 28 May 2010 with the following appendicies.
Briefing Paper for Employers (Appendix 1) - This Briefing paper summarises the Scottish Housing Associations' Pension Scheme Committee's findings from the Scheme Benefit Review. Last updated: 28 May 2010.
Key Valuation Assumptions (Appendix 1A) - This document details the Financial Assumptions of the Scheme. Last updated: 28 May 2010.
Workplace Pension Reforms (Appendix 1B) - This leaflet provides information on the employer responsibilities for auto-enrolment from October 2012. Last updated: 27 April 2010.
Summary of Contributions and Benefits (Appendix 1C) - This table provides employers with a summary of the Contributions and Benefits. Last updated: 28 May 2010.
Employer Forums June 2010 - Reply Slip (Appendix 2) - Employers should complete this form if they wish to attend an Employer Forum in June 2010. Last updated: 28 May 2010.
Employer Consultation - Response Form (Appendix 3) - Employers should complete this form if they wish to comment on the Scottish Housing Associations' Pension Scheme Committee's Consultation Statements. Last updated: 28 May 2010.