Methodist Ministers' Pension Scheme

Why Join?

  • It's a good way of saving for a better future.
     
  • It's tax efficient, the major advantage that pension schemes in the UK have over other types of investment is that members' contributions (including Additional Voluntary Contributions AVCs) are not subject to income tax and act like an additional personal allowance or tax free pay. Pension scheme contributions are deducted from your standard stipend before the calculation and deduction of income tax.
     
  • The earlier you start contributing, the better pension you get.
     
  • It's a defined benefit, so you know what you are likely to get at retirement. This helps you plan for your retirement.
     
  • You are also covered for life assurance and ill health benefits are included as part of the package.
  • Reasons to Join the MMPS The Methodist Ministers Pension Scheme provides a defined benefit,...Read more  
  • What will it cost? You will contribute 9.3% of your standard stipend to become a me...Read more  
  • Information for PensionersImportant information for Pensioners of the MMPSRead more  
  • MMPS FormsApplication form to join the Methodist Ministers Pension Scheme and moreRead more  
  • MMPS Jargon buster Contained in this section are some terms and names associated with...Read more  
  • MMPS PublicationsPublications and Guides for the Methodist Ministers' Pensions SchemeRead more  
  • InvestmentsTrustees support for the Financial Reporting Council's (FRCs) Stewardship Code and the Socially Responsible Investment (SRI) policy operated. Read more  
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