If you’re a member of a defined benefit scheme, the power to make changes should be set out in your scheme’s rules
It's important that these rules are followed. If they’re not, the changes might be invalid.
Similarly, any changes shouldn’t breach the terms of your employment contract.
If you're unsure what the rules of your scheme are, it’s a good idea to ask your pension scheme administrator for a copy, or visit your scheme website.
If your scheme is a defined benefit scheme, the changes might include:
- changing the rate at which your benefits build up
- stopping the build-up of your benefits temporarily
- changing the definition of earnings used to work out your pension
- changing the way pensionable service (the work that counts towards your pension) is worked out
- closing the scheme to new members
- closing the scheme so that you can no longer build up benefits
- closing the scheme completely.