FINAL SALARY SCHEMES STATUS

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Last Updated 

Friday, January 15, 2010

 

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Name: James Bennett Ltd Retirement Security Plan
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: James Longley & Co
Location: SE England
Building Contractors
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: James Troop & Co
Location: Liverpool
Employees/Deferred/pensioners
Windup: 2000
Fund:
Comments: 

 

Name: James Townsend & Sons
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: Jardine Lloyd Thompson Group
Location:
Insurance broker
Employees/Deferred/pensioners
Windup: Plan to close fund to existing staff 1 Dec 2006
Fund: Company still solvent
Comments: Fund already closed to new entrants. 

 

Name: Jarvis Porter Group
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: JC Decaux Ltd
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: J Collingridge Group Pension Fund
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: John Edward Crowther (Holdings) Plc
Location: Colne Valley - yarn spinning
 
Employees/Deferred/pensioners 244 jobs lost
Windup: August 2003
Fund:
Comments: From a member: I paid into John Edward Crowther (Holdings) Plc pension scheme from 1977 to 2002 and would have had a pension in the region of £18,736 if they had not closed it I now expect in the region of £1,700 per year. The organisation did not go into liquidation just closed the scheme.

 

Name: John H Whitaker (Holdings) Ltd Retirement Benefits Plan 1978
Location: Crown Dry Dock Tower Street,Hull HU9 1TY
 
Employees/Deferred/pensioners
Windup: 1st. Jan. 2001 still in process
Fund:
Comments:

The occupational scheme was operated by the Hull based shipping company John H Whittaker [Holdings] Ltd.  They took the decision to enter the wind up of the Plan.

 

The company is still trading, the wind-up was not the result of an insolvency.  However deferred beneficiaries have been informed that the net effect of the wind-up is that they can only expect to receive some 70% of GMP and even this is not guaranteed.

 

Name: John Hunt & Daybrook Laundry Pension and Life Assurance Scheme
Location:
Employees/Deferred/pensioners
Windup: 21 April 2001 windup commenced
Fund:
Comments: Wind up by solvent company

 

Name: John Lewis
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments: The unlisted department store and retail group said it might increase the retirement age at its final-salary scheme to 65 from 60.

 

Name: John Tams Group
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: John White Footwear
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: Johnston Press 
Location:
Employees/Deferred/pensioners
Windup: Closing final salary scheme to All
Fund:

Comments: January 2010: Regional publisher Johnston Press has announced plans to close its final salary pension scheme to the build-up of future benefits. The company says the proposal will help cut its pensions deficit which has grown from £74m, to £146m since 2002. The final salary scheme was closed to new employees several years ago and now includes only 15pc of JP's total workforce. A letter to staff from chief executive John Fry today said that existing benefits in the scheme would be protected, but from 1 July, future benefits would only be available from joining the group's money purchase scheme.

 

Name: Johnson Matthey
Location: Royston
Employees/Deferred/pensioners
Windup: Closing final salary scheme
Fund: £173m in deficit November 2009
Comments: November 2009: JM has agreed to wipe out the deficit by making extra cash contributions of £23.1m a year over the coming decade. But in a state issued by the company, it says that to limit the growth of future pension liabilities it wants to replace the contributory final salary scheme with a non-contributory career average salary. The company says it is in consultation with its employees and the results of this will be known early next year.

 

Name: Johnson Ridley
Location:
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

 

Name: J P Cory (see R K Timber)
Location: 
Employees/Deferred/pensioners
Windup:
Fund:
Comments:

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The information on this website has been supplied by members of the various final salary schemes listed and others.  Accuracy is important to us, but errors are inevitable as the subject itself is an extremely emotive one so the information on this site cannot be guaranteed. We hope that we have reflected the current situation in as an unbiased way as possible.