THE THOMSON–LENG PROVIDENT FUND

DEFINED BENEFIT (DB) SECTION

DB section

DC Thomson has two occupational pension arrangements: the Thomson-Leng Provident Fund and the Thomson-Leng Superannuation Fund.

The defined benefit section of the Thomson-Leng Provident Fund was established in October 1959 to provide retirement and death benefits for the eligible employees of DC Thomson & Co Limited (the Company) and a number of their subsidiary companies. This section of the Fund provided members with an annual pension based on their service and salary while with the Company. The DB section of the Fund closed to new members in 2006 and members ceased to build up future benefits in 2015. From 1st October 2007 new employees were invited to join the DC section of the Fund.

In October 2024 the Trustee Directors of the Fund purchased an annuity policy from Prudential Assurance Company (PAC), part of M&G plc, to insure the benefits for all members of the DB section of the Fund in full. This did not impact members benefits in the Fund. The Fund and Trustee Directors are still responsible for managing and paying members benefits. The purchase of the annuity is an investment decision made by the Trustee on how to invest the Fund’s assets.

The DB Section of this Fund is administered by the DC Thomson Pension Department. Current and former employees with questions about their benefits can contact the Pension Department using the details at the bottom of this page.

The Thomson-Leng Superannuation Fund is an historic defined benefit pension scheme for eligible employees and is also administered by the DC Thomson Pension Department.

DC Thomson also offers a defined contribution pension for current employees, which is used for auto-enrollment. More information is available on the defined contribution pension page.

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We’re planning to increase the number of updates we send electronically.
If you’d like to receive future communications by email please let us know by emailing pensions@dcthomson.co.uk.

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