At the AGM on 19th May the following Officers were elected. National Chairman – Norman W H Ferguson (re-elected) National Secretary – L Michael Staal National Treasurer – Victor H Smithson (re-elected) IMPAC President Michael J Smedley presided. Midland Region’s Recruitment Officer, Neil B Tilson won the President’s Trophy for the third year running.
ITL Pension Fund Changes.
March 25, 2010
It was announced at the PFCC and the ITL Company staff today that the Imperial Tobacco Pension Fund will close the defined benefits fund (final salary scheme)to new entrants from the 1st October 2010. New staff after 30th September will be offered membership of a new defined contribution Fund.
RPI December 2009
February 15, 2010
In the year to December 2009, RPI annual inflation was 2.40%, up from 0.3% in November. So we can expect that a 2.4% increase will apply to our ITL pension from April 2010. The State Pension normally uses the September RPI increase. In 2009 it was negative -1.4%! However, the Government has promised 2.5% minimum [...]
National AGM May 2010
January 2, 2010
The National Annual General Meeting will held on 19th May 2010. The Venue is B.A.W.A Southmead road, Filton Bristol at 2:30pm.
Pension Fund Consultative Committee Meetings 2010
November 4, 2009
The dates for the 2010 PFCC meetings are: Wednesday 24th March – Members spokesman Simon Andrews. Thursday 16th September – Members spokesman Simon Andrews. If you wish a matter raised at the PFCC contact your Regional Chairman prior to the meeting. If you wish to learn of the matters raised and subsequent discussion contact your [...]
Council Meetings 2010
October 9, 2009
The next Council Meeting is on Wednesday 10th February 2010 in Nottingham.
Recruitment Trophy 2008/9
July 9, 2009
Midland Region retained the Michael Smedley Recruitment Trophy for a third successive year. The IMPAC President, Michael Smedley presented his Trophy to Neil Tilson, the Midland Region Recruitment Officer, at the AGM in May 2009
RPI December 2008
January 20, 2009
The Office of National Statistics announced today that the percentage change over 12 months is 0.9%. The RPI for December 2008 is therefore 0.9% and according to the Trust Deed and Rules of our Fund this will be used to determine pension increases from April 2009. Those wishing to see the table with all the [...]
Trustee Election Results 2009
January 14, 2009
We are pleased that the two current Pensioner Trustees, Robin Aspinall and Allan Russell have been re-elected. A grateful thanks to all who voted.