PM78 Railways Pension Scheme - Network Rail Section 2025

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Local Government Pension Scheme Your pension fund must provide you with an annual statement by 31 August every year if you are an active or deferred member. Your pension fund will most likely provide your statement by making it available on their online pension portal.
Were based in Brighton and have around 900 staff. We work closely with the Financial Conduct Authority who regulate personal pension schemes. We also work closely with other public bodies including: DWP.
The RPS is administered by Railpen, which is a wholly-owned Trustee subsidiary. Railpen provides the RPS with overall governance and management. Railpen performs three distinct functions: Investing funds for long term growth.
The NRDC is a defined contribution scheme which means contributions are paid in and invested for the benefit of you, the member. At retirement the value of all the contributions paid in, and investment returns achieved over the course of your membership, are used to provide benefits for you.
The Railways Pension Trustee Company Limited (the Trustee) and Railpen Limited (Railpen), each with its registered address at 100 Liverpool Street, London EC2M 2AT, are joint controllers in respect of your personal data for the purposes of applicable data protection legislation.
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If youre a member of the Railways Pension Scheme (RPS), youre in a workplace pension. Whilst an active member you pay regular contributions into a workplace pension, your employer normally pays in too, and the government contributes with tax relief.
A Pension Scheme Registry (PSR) number is allocated to the pension scheme by The Pensions Regulator and can be obtained from the trustees or managers of the pension scheme. It is an 8-digit number starting with a 1.

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