The Association was set up in November 1995 at a meeting of electricity supply industry pensioners from across the country concerned that many developments within the electricity supply pension scheme and within the electricity supply industry would not be to the benefit of pensioners.
All those present subscribed to establish the Association. The Association was formed initially to represent the interests of current and future electricity supply pensioners whose pension is or will be paid as a result of contributions to the Electricity Supply Pension Scheme (ESPS)
Today the Association has widened its perspective to represent the interests of all former and existing employees of the electricity supply industry on pension matters.
to represent the interests of existing and former employees in the electricity supply industry in England and Wales and their dependants who are, or were participants in the electricity industry’s final salary scheme – the Electricity Supply Pension Scheme.
to restore equity in the treatment of the pension benefits of existing and former employees and Board members across the pension groups of the ESPS
to represent the interests of employees who are members of money purchase pensions schemes within the electricity supply industry.
to do all things lawful in order to represent these interests including supporting the trustees elected by the members under the rules of the Scheme
to take legal and other professional advice with the aim of ensuring the protection of existing and future benefits.
to work with other like minded organisations representing pensioner interests to seek improvements in the benefits provided through state and company pension schemes.