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The Willis Pension Scheme
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Online Booklet Introduction
 
 
 
These pages help you to explore on-line how the Willis Pension Scheme works. If you would like a paper version of the booklet to read you can click here.
 
Your pension may well be the most important employment benefit that the Group provides and, in the long run, it could become your most valuable asset worth more than your house.
 
The Willis Pension Scheme provides a range of benefits for Willis associates in the UK, including:
  • a retirement pension which is linked to your salary and builds up with each month of service you complete
  • an option to exchange part of the pension for a cash sum at retirement
  • financial protection for your dependants if you die
  • guaranteed benefits on leaving service once you have completed two years as a member of the Scheme
  • an option to pay Additional Voluntary Contributions (AVCs) to increase benefits in a tax efficient way.
The Scheme has a long history and the benefits it provides have changed from time to time. In particular there are two main classes of member:
  • Post’95 Members joined the Scheme on or after 1 January 1995. 
  • Pre’95 Members joined before 1 January 1995. 
In addition there are also some special arrangements for Long Standing Members who joined the Scheme prior to 6 April 1988 as well as for Senior Members.
 
The Scheme is governed by a legal document, the Trust Deed and Rules, which specify the way it must be operated. This Booklet is a summary of the main features of the Scheme and is designed to answer the questions usually raised by members. The Booklet has been simplified and is less technical than the Scheme's legal documents. If there are differences between the Booklet (or any other information issued to you) and the legal documents, the terms and conditions set out in the legal documents take precedence.
 
More information about the Pension Scheme can be found within the Human Resources pages of the Group's intranet site. Alternatively if you have any questions which are not answered in this Booklet or would like to see a copy of the Trust Deed and Rules you can Click here or contact the Scheme helpline on 01737 230495 or e-mail wps@willistowerswatson.com​.

The contact address is:
 
Willis Pension Scheme
Friars Street
Ipswich
Suffolk IP1 1TA
 
 
 
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