You receive a benefit statement each year which shows you how much your pension pot with Cheviot is currently worth and what level of income you might get in retirement.
It’s all in plain English and less difficult to read than you might expect. Take a brave pill and get started.
To view your benefit statement via the member online system, please click here.
We are looking to phase out paper statements. If you got yours by post, please go to the member online system and click on the ‘request login details’ link to get online with Cheviot. This facility will let you manage your details and help you view and print your statement next year.
It shows what information we hold about you and it’s a good opportunity for you to check it and make sure it is accurate.
Your date of birth
Your target retirement date
Other personal details
Your current investment options
Read the notes
This is the really important page. It shows you how much your savings are estimated to be worth at your Normal Retirement Date and how much income you might get.
Estimated benefits at Normal Retirement Date
Help, it's not enough
Read the notes
The Statutory Money Purchase Illustration uses various assumptions which are general rather than based on the Cheviot investment options.
It is a bit more like a bank statement so you can see what contributions have been paid into your fund, whether there have been any switches in investment options and investment growth during the year.
It just shows an estimated pension at retirement not an estimated fund value. The pension is also different to the Cheviot benefit statement as it is assumed to increase with inflation.
It also only shows one figure rather than a range. The figure is still only an estimate – and your actual pension will depend on investment returns between now and when you access your savings.
You can make changes immediately if you have a Cheviot online account. Otherwise, click on the link and then use the email button to send us a message. Whilst you are there, request logon details so you can make changes immediately in future and view your future benefit statements. Cheviot will confirm any changes made to your account via the online system to you.
We would like to receive your feedback about our website and Benefit Statements. Your comments are very important to us. Please contact email@example.com to update your details or provide feedback.
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Information about your pension for existing members
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