There are many great things about being part of the Electricity North West Group of the Electricity Supply Pension Scheme. One of them is the opportunity to have your say on who you’d like to receive a cash lump sum from your pension when you die. 

You can do this by completing an Expression of Wish form. It’s important to keep it as up-to-date as it can be so that the ones closest to you are provided for should the worst happen. It’s not something we like to think about, but it’s quick and easy to do it and the peace of mind it brings is invaluable.

Look after the ones you care about

By completing an Expression of Wish form you are making sure your wishes are considered by the Trustee, and that they know where you would like your money to be paid. You can ‘nominate’ individuals, such as a family member or a friend, a charity, club or organisation. You can add more than one person by listing what percentage of your lump sum should go to each one of them. If you die before claiming your pension, a lump sum worth up to four times your salary could be paid.

Your Expression of Wish form is confidential. Your beneficiaries will not be told that you have added or removed them as your nominated beneficiary.

How to complete an Expression of Wish form

Defined Benefit members

Go to the Expression of Wish page and download the ‘Expression of Wish form (DB members)’

• Complete the form stating the person (people, or organisation) you wish to benefit. You need the following details about them:
  

-       First name and surname, or name of organisation

-       Address and postcode

-       Your relationship to that person or organisation

 For the ‘% of benefit’ field, you choose the percentage of your lump sum benefits you would like to go to that person, people or organisation. The percentage of the total must add up to 100%.

• Email it to enquiries@railpen.com or post it to Railpen, Unit 2, Rye Hill Office Park, Birmingham Road, Allesley, Coventry, CV5 9AB
  

Defined Contribution members

 Members of the Defined Contribution scheme can complete their Expression of Wish forms online.

 It takes just four simple steps to do it. Here’s how:

 Step 1: Log in to your ENWL pension account.

 Step 2: Once you’ve logged in, hover over ‘My details’ in your home page menu and select ‘My nominations’ from the list. You can also scroll down to ‘My nominations’ and click ‘Update my nominations.’ On the ‘My nominations’ page, click the button that says ‘Add Expression of Wish’.

 Step 3: In this section, you state the person (people, or organisation) you wish to benefit. You need the following details about them:

-       Title, first name and surname, or name of organisation

-       Address and postcode

-       Your relationship to that person (there’s an ‘Other’ option if you’re not related or legally linked).

 For the ‘% of lump sum’ field, you choose the percentage of your lump sum benefits you would like to go to that person, people or organisation. The percentage of the total must add up to 100%.

 There is now a declaration that you should read and then you should click ‘Preview’.

 Step 4: You can now review your Expression of Wish. If you want to change anything, click ‘Edit Details’. Otherwise, click ‘Submit’.

 If you wish to keep a paper copy, you can now print these details

 If your personal circumstances change after you have completed your Expression of Wish, you can change your choice at any time, by going to ‘My nominations’ and clicking ‘Update nominations’ in your online account.