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ECA Pension Scheme

The Electrical Contractors Association operates both defined benefit and defined contribution retirement benefit schemes under the same Trust Deed for the employees of the Association, its wholly owned subsidiaries, Esca Estates Limited and the Joint Industry Board.

The Defined Benefit Scheme provides benefits based on final pensionable salary. The scheme was closed to future accrual with effect from 31 December 2010. All scheme members were invited to join the Defined Contribution Scheme with effect from 1 January 2011. Formal actuarial valuations are carried out on a triennial basis, with updated calculations being prepared at each balance sheet date.

For any further information please contact: Martyn Burnley, Secretary to the Trustees.

 

 

 

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