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Scheme Information - Rolls-Royce Retirement Savings Trust
Your pension contributions
Rolls-Royce will pay a percentage of your pensionable earnings into your retirement pot.
Employee contributions will be deducted from your salary on a monthly basis.
| Employer contribution | Employee contribution | Total contribution |
| Min 6% | 3% | 9% |
| *8% | *4% | *12% |
| *10% | *5% | *15% |
| Max *12% | *6% | *18% |
*Contributions above the minimum level are available from May 2021.
Transitional arrangements apply for employees who joined the company prior to 1 May 2018.
Documents
You can find further information about the Rolls-Royce pension within the documents below. These documents may be updated – you can find the version date of the document on the bottom of the last page. If you require a previous version of a document, please get in touch.
Explains the Rolls-Royce Retirement Savings Trust in more detail
RRRST Trustee newsletters
The Trustee newsletter is now available to read online.
Welcome to the Trustee’s annual update to members of the Rolls-Royce Retirement Savings Trust, which provides a summary of the Trust’s formal Annual Report and Financial Statements.
The RRRST Trustee Board hopes you find the newsletter informative and interesting.
Trustee microsite and Rolls-Royce Pensions member website
Whether you're an existing member, a new employee, or want to join the scheme, you're in the right place to find out everything you need to know. Use the links below to get straight to the help you are looking for.
Investments
The money you have invested into your pension doesn't just sit there waiting for you to retire. Aviva pools your money with that of other investors and invests it with the aim of growing the size of your pension. Pooled funds are a way of putting sums of money from many people into a large fund spread across many investments. Funds are managed by investment professionals. Investing this way can be easier and less risky than buying shares directly and there are lots of funds to choose from. Please bear in mind that the value of your pension savings can go down as well as up and it may be worth less than the amount paid in.
When you become a member
Contributions will be invested automatically in the Drawdown Investment Programme. More details about this programme can be found within your pension documents.
The Drawdown Investment Programme fund has been carefully chosen to be appropriate for the majority of employees but it may not be suitable for your individual needs. We recommend that you review your investment funds and contributions frequently.
If you have any doubts regarding your investments, you should contact a financial adviser for advice. If you do not have a financial adviser you can find one at MoneyHelper*. You may be charged for this advice.
*This website may not be regulated by the Financial Conduct Authority and is not operated by Aviva. We are not liable for the content on this website.
After you become a member
Once you have made your first contribution into your pension you can select different investment funds.
When choosing funds, you need to consider a number of factors, including what level of investment risk you are prepared to take, the income you are likely to need in retirement, the charges applicable and the age you want to retire.
The level of annual management charge (AMC) will depend on which fund or funds you are invested in. It is taken from each fund over the lifetime of your pension.
Remember, a pension is a long-term investment and usually the longer you save for, the better. For more information, please refer to the documents page.
Login
Go online and you can instantly access your pension, you can:
- View your transactions and balance all in one convenient place.
- Find out more about how your pension is invested.
- See what your pension could be worth in the future with our interactive tools.
Tools
To help you with your retirement planning, we provide a range of planning tools so you can think about the kind of income that your pension savings could provide for you. You can look at the sort of pension pot you might have when you reach retirement and what impact making changes to your pension contributions could have.
You can also use the tools and guides available in the documents page.
Shape my Future
Can help give you an idea whether your potential retirement income will fund the lifestyle you want.
The Mid-Life MOT app
The Mid-Life MOT app provides a free check-up of your wealth, work and wellbeing. Our Mid-Life MOT app is a small investment of your time, but it could make a big difference. Designed for people in the UK between 45 and 60.
Retirement Spending Calculator
Discover how much you might spend during your retirement compared to your current spending and what sort of income you'd need to cover your costs.
Pension calculator
Learn more about the future of your pension plans and how long your money might last in retirement.
Contact us
Got a question? We are here to help
Contact Aviva
For any questions about your My Money account or for help with logging in, please contact the Aviva team
Phone: 0345 604 0803
Contact Rolls-Royce
For any questions about the RRRST contribution levels and/or the benefit structure, please contact the RR Pensions Team
Phone: 01332 333335
Email: pensions.web@rolls-royce.com
Guidance and Advice
This site does not provide financial advice.