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On this site you will find information relating to the Uniper Group of the Electricity Supply Pension Scheme (ESPS) - including Final Salary and Retirement Balance Plan (RBP) categories - and the Uniper Pension Plan (UPP).
Please select from the options below, or in the main menu above, to find the information that is right for you.
If you are not sure which scheme or category you are in, please check your latest benefit statement or pension paperwork.
For members in the Final Salary section of the Uniper Group of the Electricity Supply Pension Scheme (ESPS).
For members in the Retirement Balance Plan (RBP) category of the Uniper Group of the Electricity Supply Pension Scheme (ESPS).
For members in the Uniper Pension Plan (UPP).
For all Final Salary, RBP and UPP members, to help you understand and make the most of your Uniper pension.
Reporting a member's death
If the deceased was a member of the ESPS Final Salary categories or the Retirement Balance Plan, you can let us know about their passing by downloading the form linked below and returning it to the pension administrator, Broadstone, using the details on the contacts page. If they were a member of the Uniper Pension Plan, please call Fidelity's Bereavement Line 0800 414116.
Latest news
Read the latest news and updates from the Scheme and the wider world of pensions.
Autumn Budget 2025: what it means for pension savings
New limits for salary sacrifice and pension saving
From April 2029, if you pay more than £2,000 a year into your pension using salary sacrifice, you and your employer will have to pay National Insurance (NI) on the extra amount.
If you save less than £2,000 a year using salary sacrifice, this change will not affect you.
What is salary sacrifice?
Salary sacrifice is an arrangement between you and your employer. If your employer offers salary sacrifice, you can give up part of your pay, and your employer pays this amount into your pension.
Salary sacrifice can help to reduce the amount of income tax and NI you pay on your earnings. Your employer may also pay less NI. You might see it called either ‘salary sacrifice’ or ‘SMART’.
If you do not to use salary sacrifice to pay into your Uniper pension arrangement, your regular pension contributions may get tax relief, up to certain limits, and you pay NI on them.
If you are unsure whether you pay into your Uniper pension arrangement using salary sacrifice you can check this using Benify.
The State Pension is going up
The government will keep the triple lock meaning the State Pension will rise by 4.8% from April 2026. This is to help make sure the State Pension keeps up with the cost of living.
- The full new State Pension will go up from £230.25 to £241.30 a week. The new State Pension is for people who reached State Pension age (SPA) on or after 6 April 2016.
- The full old State Pension will go up from £176.45 to £184.90 a week. The old State Pension is for people who reached SPA before 6 April 2016.
The government uses the triple lock to decide how much the State Pension goes up each year. You can read more about the triple lock and what it means at Money Helper, and about the State Pension at Gov.uk.
No change to the 25% tax-free cash lump sum
You may still take up to 25% (but no more than £268,275) of your pension as a tax-free lump sum when you retire. In this years’ Autumn Budget, no changes were made.
The Lump Sum Allowance (LSA) is the maximum you can take as a tax-free lump sum when you take your pension benefits. You may be able to take up to 25% of your pension benefits as a lump sum, tax free. This is up to a maximum of £268,275 (unless you have a higher protected amount).
Income tax thresholds frozen until 2030/31
The personal allowance, higher rate and additional rate thresholds for income tax have been frozen until the 2030/31 tax year.
- The personal allowance is frozen at £12,570
- Higher rate is frozen at £50,270
- Additional rate is frozen at £125,140
This means you pay tax on income above these amounts, including any pension you get. You can learn more about income tax rates and personal allowances at Gov.uk.
Inheritance tax on unused pensions and death benefits
From April 2027, unused pension funds and some death benefits will count towards a person’s estate for inheritance tax.
Personal representatives will be able to ask pension administrators to hold back 50% of taxable benefits. The money can be held for up to 15 months to pay inheritance tax.
A personal representative is the person legally responsible for handling someone’s estate after their death.
The inheritance tax policy does not apply to death-in-service lump sum payments or to pensions which may be paid to dependants from a defined benefit pension scheme.
Further information about the implementation and operation of the inheritance tax changes will be shared with members in due course.