LIFETRACK
Your benefits
Benefit statement
If you are a Contributing Member
If you are a Contributing Member, an annual benefit statement will normally be added to LIFETRACK each year by the Administrator of RWE Group, WTW, confirming your benefits under the RWE Group. You can access your latest annual benefit statement on LIFETRACK via Your Hub.
While you are a Contributing Member, you can also request from the Administrator of RWE Group, WTW, once every 12 months a statement that shows:
The estimated benefits payable to you and your Spouse.
How to obtain the current transfer value of your benefits.
How you can change your contributions.
Where you can find information about your AVCs.
If you are a Deferred Member
When you stop being a Contributing Member, you receive a deferred benefit statement from the Administrator of RWE Group, WTW, confirming your deferred benefits under the Main Section.
After that, you will normally receive an updated benefit statement from the Administrator of RWE Group, WTW, every two years. You can access your latest benefit statement on LIFETRACK.
As you approach retirement
The Administrator of RWE Group, WTW, will send you a retirement statement and information about your benefits and options as you approach your Normal Pension Age.
If you are considering taking your benefits before your Normal Pension Age, you can request an early retirement statement from the Administrator of RWE Group, WTW. Visit the contact page for WTW’s details.
On your death
When the Administrator of RWE Group, WTW, is notified of your death, they will issue information to your Spouse and dependants and/or your personal representatives explaining what benefits are payable following your death.
Disclaimer
This guide is a summary of the main provisions of the RWE Group relevant to you and your benefits. It is not, and is not intended to be, a summary of every detail of the RWE Group or to cover every set of circumstances.
The RWE Group’s detailed benefit provisions are set out in its formal governing documents, the trust deed and rules. This guide summarises the benefits provided by the RWE Group and its related provisions. Whilst every effort has been made to summarise the benefits and provisions of the RWE Group accurately, if there are any differences between this guide and the trust deed and rules, the trust deed and rules (as amended from time to time) will apply and override the terms of this guide.
This guide is dated January 2025. Every effort has been made to ensure the guide is up to date and accurate at the time of writing, however, subsequent changes to the RWE Group’s governing documents, applicable legislation and/or the tax regime may consequently affect its accuracy or completeness.