National Energy System Operator: Workplace Pensions
The question
To ask the Secretary of State for Energy Security and Net Zero, which pension provider maintains the staff pension scheme for the National Energy System Operator; and whether staff are offered (a) defined benefit and (b) defined contribution pensions.
Answered by Michael Shanks
The employees of the National Energy System Operator (NESO) are not civil servants and are not part of civil service pension schemes.
As noted in NESO’s latest annual report and accounts, Legal & General administer the company’s defined contribution pension scheme. There is a legacy defined benefit scheme, transferred as part of the acquisition by government, however this scheme is closed to new members/employees.
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