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Definitions
Continuing member
You are a continuing member if you were an active member of the Foundation, Saver and Booster Plan on 31 December 2007 when it closed as a result of the Company’s pension changes.
From 1 January 2008, you were no longer able to build up further pensionable service under the Foundation, Saver and Booster Plan. However, benefits built up until that date are protected and benefit from annual increases (known as enhanced revaluation) from 31 December 2007 until you retire.
You will remain a continuing member until you leave the Foundation, Saver and Booster Plan, take your benefits or die.