Is Your Organisation Eligible?
Membership of the Social Housing Pension Scheme is open to not-for-profit organisations that are affiliated to:
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Community Housing Cymru
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The National Housing Federation;
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The Scottish Federation of Housing Associations; or
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The Northern Ireland Federation of Housing Associations.
The Scheme is also open to other non-profit-making organisations, which work solely in the social housing sector, subject to approval of the Social Housing Pension Scheme Committee.
The Scheme’s code of practice states that employers must only offer the SHPS to their staff (unless the alternative scheme is the Local Government Pension Scheme, or equivalent). This policy was established to preserve the Scheme’s long-term financial security.
The Scheme administrator, The Pensions Trust, does most of the work on behalf of employers. The employer’s duties are to provide a list of contributions applicable to each member and payment by the 14th of the month after they are deducted from pay.
The role of the Trust also extends to keeping employers and members informed about relevant new legislation or other requirements.
What To Do Next
We hope that so far you like what you have read about the Social Housing Pension Scheme.
For more information about the scheme, please contact the New Business Team on 0845 123 6660 or write to:
The Pensions Trust
Verity House
6 Canal Wharf
Leeds
LS11 5BQ
Our email address is contact@thepensionstrust.org.uk or you can find out more information throughout this website.
If you wish to take the first step to enrolling now, telephone or write as above, or click here.