Benefits of the Musicians' Union Pension Scheme
Enjoy clarity in your retirement with the Musicians’ Union Pension Scheme (MUPS)
Let Chester Rose guide you through the often confusing world of automatic enrolment and workplace pensions. Since 2012, new legislation mandated that under certain circumstances, including when you work for a production company, you would be auto-enrolled into a Workplace Pension Scheme of their choice. This can lead to a confusing array of different pension schemes, making it difficult to manage your retirement savings effectively.
Simplify with the Musicians’ Union Pension Scheme
You can’t entirely avoid automatic enrolment, but you can enjoy greater clarity by choosing the Musicians’ Union Pension Scheme (MUPS).
The Musicians’ Union Pension Scheme is the only industry-wide pension scheme that all UK employers in the performing arts will contribute to if you are engaged on a qualifying contract. This includes work in theatre, television, film, and radio.
Key Benefits of the MUPS:
- Freedom of Choice: Unlike auto-enrolment schemes, you have control over your pension with MUPS.
- Broad Coverage: Coverage for work undertaken across theatre, television, film, and radio.
- No Musicians’ Union Membership Required: Anyone can join MUPS, regardless of Musicians’ Union membership.
- Favourable Contributions versus AE: Underpinned by the historic agreement with Musicians’ Union, scheme members benefit from greater contributions from employers
- MUPS Contributions: Start from day one of your performing contract, based on your engagement, episode, or weekly fee
Join the MUPS Today!
How to Join the Musicians Union Pension Scheme:
- Click here to submit the form
- You’ll receive your MUPS Membership Number shortly after registering.
Make the smart choice for your retirement. Join the Musicians’ Union Pension Scheme today!