Find out about the changes to Pace.
Everyone who works for the Co-op can join Pace DC. If you're not paying into Pace DC but you'd like to, you can find out how to join and read more about it.
Pace DC is the only one of the Co-op’s pension schemes that members are still able to pay into. This is the scheme you are in if you have been automatically enrolled.
If you worked for the Co-op before 2015, you might have a pension in the closed defined benefit section, Pace DB. Members who were contributing to Pace DB in October 2015 automatically joined Pace DC from that time.
Pace DB is a defined benefit scheme which opened in 2006 and closed in 2015. It no longer has any contributing members – only pensioners and people who’ve left but kept their pension in Pace until they’re ready to take it.
Whether you're about to retire shortly – or just thinking about your options – this area of the website has lots of information to help.
This section is for people who are already getting a Co-op pension or who've left the Co-op, which means they're no longer paying into Pace.