Vacancies on the MMPS Trustee Board (the Board) have become available for two MNDs. Applications are sought from active and pensioner members of the Methodist Ministers’ Pension Scheme (the Scheme).
There is a requirement for most trust-based Defined Contribution (DC) schemes to produce an annual Chair’s Statement. MMPS is a Defined Benefit Scheme, which includes a Long Service Award. These contributions in the main are invested on a DC basis as long service contributions which are non-Additional Voluntary Contribution DC benefits. This effectively makes this a DC Section within the Scheme and as such, it is a requirement of law that the Trustee produce an Annual Chair’s Statement. The last Chair's Statement is here:
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