What we mean by Deferreds

A deferred member is essentially an early leaver. Someone who has left Pilkington's employment before retirement and has not transferred their pension into another scheme but has left their benefits in the Pilkington Superannuation Scheme.

A deferred member's Pilkington Superannuation Scheme benefits, known as a preserved pension, can be left in the Scheme until they retire or can be transferred to another appropriate scheme before retirement.