Posted: May 9th, 2012
SINCE TRINITY MIRROR announced in March that it was reducing its pension deficit payments, events have been so changeable that the lead-time needed to produce a full newsletter would render it out of date by the time it reached members.
So there is no spring newsletter this year. Instead a letter has been sent to all AMP members explaining the story so far…(read full letter)
AMP has been very busy behind the scenes and various meetings and opinions have been arranged and sought – and the letter to members was considered the quickest and best way to keep members informed.
We normally like to send AMP newsletters to all pensioners and deferred pensioners, whether they are AMP members or not, and we are able to do so because the pensions office usually supplies the pensions address-database to the printers to effect distribution.
As the company generously meets the printing and postal costs of the full colour autumn Mirror Pensioner, courtesy advance proofs are made available so that the pensions office can ensure “compliance” with various rules and legalities.
But the AMP self-finances its spring newsletter and has never supplied advance proofs. It should be noted that advance proofs were requested by the pensions office this spring – for the first time when AMP is paying all the costs involved – before it would supply addresses required for the larger pension scheme membership, i.e. all 5,000-plus pensioners.
No advance proofs have been supplied. So the letter has gone out only to AMP members. And the summer newsletter is likely to follow suit – to AMP members only.
WELL DONE Chris Rushton – he won the election for a new trustee director of the Mirror Group Newspapers Pension Scheme.
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