Ikon Pension Plan

Regulatory and useful information about the Plan

The Ikon Pension Plan (the “Plan”) provides benefits on retirement and on death for members. The Plan provides defined benefit (“DB”) benefits and defined contribution (“DC”) benefits. Members may have also paid additional voluntary contributions (“AVCs”), which is also a type of DC or ‘money purchase’ benefit, into the Plan. All members of the Plan are either receiving a pension (including spouses or dependants of members who have died) or have a deferred pension which will be paid when the member retires. The DC section of the Plan closed to future accrual of benefits on 31 March 2013, which means there are no active members in the Plan. The Plan is run by its Board of Trustee Directors, which include both member-nominated trustee directors (“MNDs”) and company nominated trustee directors (“CNDs”). MNDs are nominated by the members of the Plan, while CNDs are nominated by the Plan’s principal employer, Ricoh Europe Holdings PLC. The Plan’s Trustee Directors run the Plan with assistance from a range of advisers.

Regulations require schemes to publish certain information on disclosure and costs and these are included within the Chair’s Statement which can be found on this website.