Following the merger of The First UK Bus Pension Scheme with The FirstGroup Pension Scheme on 31 May 2024, the FirstGroup Pension Scheme (FGPS) comprises two sections: the Group Section (already members of the scheme prior to the merger) and the Bus Section (formerly members of the Bus Pension Scheme).
The FirstGroup Pension Scheme is a pension scheme for FirstGroup Holdings and First Bus employees who were building up defined benefits prior to April 2018.
The FirstGroup Pension Scheme closed to accrual on 5 April 2018. Scheme closure does not affect the value of benefits you have already built up; your benefits will remain preserved in the Scheme, with increases broadly in line with inflation until you start to receive your benefits.
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