About the scheme
Information about your
MHA pension scheme
MHA pension scheme
Information about your MHA pension scheme
This site is for employees with Defined Contribution (DC) benefits
For employees who have Defined Benefit (DB) benefits please follow this link
MHA has chosen TPT to provide you with your workplace pension savings plan. Your workplace pension is great way to save for the future:
TPT is a leading provider of workplace pensions. We’ve been around for over 75 years and serve 2,400 organisations and over 470,000 members like you. The type of workplace pension scheme we provide is know as a ‘master trust’. A master trust is a single scheme used by lots of employers and managed by trustees who are legally responsible for looking after members’ money. We’re well-know in the pension industry and have won a number of awards including for our website, member communications and educational tools and for how we invest pension savings on behalf of members. All this means you can have peace of mind that your pension is in expert hands.
The table below shows the contribution structure in place with MHA:
|
Your contribution |
MHA will add |
| 3% | 6% |
| 4% | 7% |
| 5% | 8% |
| 6% | 9% |
If you pass away while employed and a member of the scheme, a lump sum of 2 times your benefit salary would be paid to your beneficiaries.
This is addition to the value of your pension account.
If you pass away after leaving the scheme, the value of your pension account will be paid to your beneficiaries.
Completing an ‘Expression of Wish’ form or updating this information in your online account is important to share how you wish these valuable benefits to be paid.
Whether retirement is just around the corner or further away, it’s important to think about what you’ll want your life to look like when your older – and if you’ll have enough money to make it happen. To help you think about your lifestyle in retirement and how much money you’ll need to achieve it, log into your online account.
TPT makes two charges which cover the cost of keeping your pension pot running smoothly:
Investment fund management charges: These cover the cost of running the investment funds and are reflected in the daily unit price.
Administration charges: These cover the day-to-day costs of running the DC scheme, such as providing member support, maintaining members’ accounts, providing online services, and scheme governance. The administration charge is calculated daily and will show as units deducted monthly on your online account.
Please note that fund management charges vary by fund.
You can find details of the charges that apply to you in the ‘Account’ area of your online account in the ‘Pot details’ section.