Co-op Pension Portal

Pace DC pension offer proposals – Update from Co-op

Co-op is proposing to make some changes to the pension offer for colleagues who join Pace DC on or after 10 June 2019.

I'm not in 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.

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I'm in Pace DC

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.

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I have benefits in Pace DC and Pace DB

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.

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I'm in Pace DB (formerly Pace Complete)

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.

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