What is the TRS?
This is a sample of an Annual Benefit (Pension) Statement. It is found within your Total Rewards Statement (TRS). If your organisation uses the Electronic Staff Record (ESR), or similar, it is usually found there under ‘Pensions’.
There are different details on the statements for the 1995 & 2008 Sections and the 2015 Scheme.
This example provides a generic overview to help you understand what it all means.
What a Total Reward Statement includes
Your TRS will provide personalised information about the value of your employment package and include details about your remuneration and the benefits provided locally by your employer.
For members of the NHS Pension Scheme your TRS may also include an annual pension benefit statement.