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49

Scheme Actuary

The qualified person appointed to conduct the valuation of the Scheme

every three years, and to advise on some of the factors used by the

Trustees when calculating benefits.

State Second

Pension (S2P)

S2P is a Government pension scheme, funded by National Insurance

Contributions, providing income related benefits (within certain limits)

in addition to the Basic State Pension. It was previously known as the

State Earnings Related Pension Scheme (SERPS).

Trust Deed and

Rules

The formal documents that set out definitively how the Scheme operates.

Trustees

The people appointed by the GFTU to administer the Scheme in

accordance with the Trust Deed and Rules.

The rules require the appointment of six trustees, and also require three

of them to be selected by the members of the Scheme.

If you would like to know who the Trustees are, or if you are interested in

being nominated as a Trustee, you should write to the Scheme

Administrator at the address given in Section 17.