Welcome to the Investor Plan

The Investor Plan is the Defined Contribution Section of the Siemens Benefits Scheme. 

When you join, the Trustee sets up an investment account in your name. Each month, your account is credited with your contributions and those made by the Company. You choose how you want the Trustee to invest your account from a range of options. When you retire, you can use the money built up in your account in a number of ways to provide you with a retirement income. This is in addition to, and separate from, any State Pension entitlement. 

Return to My Pension Home

Log into your 'My Work Pension' account

  1. Before you start the registration process you will need your member reference and national insurance number. We use your member reference to identify your record. It’s quoted on letters and emails we send. If you don’t have your reference, you can call the helpline and after completing a security check, we can tell you what it is or you can email us at siemens@thpa.co.uk. 
  2. After 24 hours, your registration should have been processed and you can then log in via PKI.
  3. If you would like to access your account outside of the Siemens network, or you no longer work for Siemens, then you can use your username and password.
  4. If you have any issues contact Trafalgar house. For security reasons, please include your Date of Birth and Address when you first e-mail THPA, so they can verify it is you quickly.

Here are some tools to help you plan for a better retirement.

The toolkit has been designed to help you understand how the Investor Plan can be part of your retirement planning.

My Pension - Life Journey

This will take you through pivotal stages in your career and give you information on what you should be thinking about regarding your pension.

Contribution Modeller

Understand the breakdown of your contributions, how much it costs you and how much your employer will add to your savings. See how increasing your contribution affects your net pay.

What will I get when I retire?

This tool shows you the level of retirement income you might expect.

Investment Fund Selector

Three tools to help decide which investment choices are right for you.

Retirement Options - Coming Soon!

Retirement Options

Whether retirement is some way off or just around the corner, this tool shows retirement income from all sources and your options at retirement.

The Trustee is pleased to present Your Outlook Newsletter - 2021

The Outlook Newsletter is designed to update members on the latest information for the Siemens Benefits Scheme.  

This is now available to view online on the website www2.myworkpension.co.uk.

 

To view the Outlook Newsletter, please log in and go Resources, and then select Scheme and General News.

Watch out for scams!

Scammers can be articulate and financially knowledgeable, with credible websites, testimonials, and materials that are hard to distinguish from the real thing. A pension scam is when someone tries to con you out of your pension money. Scammers design attractive offers to persuade you to transfer your pension pot to them or to release funds from it.

Resources 

More information on Investor Plan.

FAQ's

Fidelity Fund Information

Click on the link below, wait for the page to redirect, then click on the 'Fund Factsheets'.

Investor Plan Guide

This guide provides a summary of the main benefits of the Investor Plan.

Nominate your Beneficiaries

You can now complete an online Expression of Wish form within your online pension account.

Scheme Rules

The Scheme Trust Deed and Rules are available on your account.

State Pension

The State Pension starts between 65 and 68 depending on your age. Find out when your State pension will start.

 

State Pensions changed in 2016 so that going forward people with more than 10 qualifying years on their National Insurance record will get a State Pension of £9,110 per year before tax (2020/21).


Some people’s State pensions will be calculated by comparing the old and new basis. If you would like to know how much you are likely to get you can get a forecast.


The State Pension will increase in payment. You can delay taking your State Pension which could increase the payments you get when you decide to claim it. You cannot take your State Pension early.

Transfer Out

Active and Deferred members:

Please contact siemens@thpa.co.uk for a quote..

Transferring in a previous pension

If you are an Active member and would like to transfer in a previous pension, please go to your account and select the Transfer In Option.

Auto enrolment opt out

This form is to be completed ONLY if you wish to opt out of pension saving arising from being Auto Enrolled into the Siemens Benefits Scheme.

Scheme Privacy Notice

This statement explains how we collect, use, share and store your personal data.

DC Governance Statement 

Statement of Investment Principles

This document contains the Statement of Investment Principles (‘the SIP’) required under Section 35 of the Pensions Act 1995, as amended by the Pensions Act 2004 (the “Act”), for the Siemens Benefits Scheme (‘the Scheme’). It describes the investment policy being pursued by Siemens Benefits Scheme Ltd (‘the Trustee’) acting as trustee of the Scheme and is in compliance with the requirements of The Occupational Pension Schemes (Investment) Regulations 2005 and other subsequent legislation.

Contact Pensions

Email: siemens@thpa.co.uk
Post: PO Box 131, Blyth, NE24 9FB

Telephone: 0203 985 3079

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