WELCOME

We are working on a new Clarks pensions website to reflect the changes that were introduced from 1 August 2018, following the consultation with active members of the Company’s various pension schemes.

This holding page provides some basic details about our schemes, but please contact the Clarks Pensions Department if you can’t find what you’re looking for.

CLARKS FLEXIBLE SAVINGS PLAN

The Clarks Flexible Savings Plan, which is run by Aviva, is the only one that is open to our employees. If you are not automatically enrolled into the Plan, you can join at any time.

Application form
Cease contribution form
Cease contribution form - Ex Plan 35 members
Change contributions Form
One-off contribution form

CLOSED CLARKS PENSION SCHEMES

Use the drop-down menu below to get to information about your Clarks pension scheme.

Plan 35 is a section of the C & J Clark Pension Fund, where your benefit at retirement depends on how long you were a member of the Plan and your salary at the date you retired or became a deferred member.

Plan 35 closed to future accrual on 31 July 2018, which means there are no active members paying into the Fund.

Plan 35 explanatory leaflet
Your pension options on leaving

Nomination form
Change of address form
Change of payment details form
AVC change form

Pension payment dates
Discount card

Internal Dispute Resolution Process
Privacy notice

Plan 18 is a section of the C & J Clark Pension Fund, where you built up benefits on a defined contribution/money purchase basis.

Plan 18 closed to future accrual on 31 July 2018, which means there are no active members paying into the Fund.

If you paid contributions into Plan 18, you have an individual Pension Account which is made up of the contributions paid in by you and Clarks, plus any investment returns.

Plan 18 explanatory leaflet
Plan 18 investment guide
Your pension options on leaving

Nomination form
Change of address form
Change of payment details form
Investment change form
AVC change form

Pension payment dates
Discount card

Internal Dispute Resolution Process
Privacy notice

The Clarks Flexible Pension Scheme, which closed to future accrual on 31 July 2018, has two sections: the Investment Related Section (formerly known as the money purchase section) and the Pay Related Section (formerly known as the final salary section).

If you paid contributions into the Investment Related Section, you have an individual Pension Account which is made up of the contributions paid in by you and Clarks, plus any investment returns.

If you paid contributions into the Pay Related Section, you ‘bought’ a certain amount of pension, expressed as a percentage of your Final Pensionable Salary. This pension will be available to you from the Scheme at retirement (which can be any time from age 55).

Flexible member guide
Flexible investment guide

Nomination form
Flexible change form (for investment changes only)

Pension payment dates
Discount card

Internal Dispute Resolution Process
Privacy notice

FREQUENTLY ASKED QUESTIONS

While we redevelop our pensions website in light of the changes that took place on 1 August, we have put up a much shorter FAQs section, reflecting the most common questions asked by members. When we launch our new website, we will again provide a comprehensive FAQs section, but in the meantime please use the ‘get in touch’ box below to contact the Pensions Department if you have any urgent question.

To help people save more for their retirement, all employers are now required by law to provide a workplace pension scheme for certain staff and pay money into it. We must auto-enrol any of our staff who meet all of the following criteria:

  • Earn over £192 per week (or £833 per month)
  • Are aged 22 or over and
  • Are under State pension age

If you meet these criteria on the start of the payroll period that spans the date you joined the Company, plus three months, you will be automatically enrolled into the Clarks Flexible Savings Plan. Aviva will write to you if you do meet the criteria and are enrolled into the Plan.

Alternatively, you can join the Plan earlier – simply complete an application form, which can be downloaded from this website.

This will be provided around the time that your first contributions are paid into the Clarks Flexible Savings Plan.

If you were an active member of one of Clarks’ pension arrangements that closed on 31 July, we expect to send you details of your benefits by the middle of September.

Yes, and more details will be provided in September.

If you wish to set up an ISA with Aviva and have contributions paid through Clarks payroll, you will first need to set up your ISA account with Aviva. Information is available on the Aviva site through the link on this site.

Members of the Clarks Flexible Savings Plan can take advantage of SMART Pensions – a smarter way of paying your pension contribution that won’t affect your Clarks pension benefit but will increase your take-home pay. SMART Pensions is a salary sacrifice scheme and is designed so that almost all eligible members will benefit and will want to be included. You don’t have to do anything to participate, as you will be included automatically in SMART Pensions. However, if you don’t wish to take part in this benefit then you have the option to opt out.

For full details of SMART, including an opt-out form, please visit Working at Clarks ‘Pensions and Employee Savings’ in the Benefits section of the Clarks Intranet (if you are in HQ or Distribution Centres) or visit ‘Managing your team – Tools for success/Reward, Recognition & Benefits’ (if you are in Store), or contact HR at HRSupportCentre@Clarks.com

CONSULTATION

On 15 January 2018, Clarks launched a consultation with its employees, over plans to close its existing pension schemes and replace them with a new, modern, defined contribution plan.

FIND OUT MORE

GET IN TOUCH

SUBJECT

CONTACT US

If you have any questions about your benefits, or any comments on this website, please contact the Pensions Department in Street:

Clarks Pensions Department
40 High Street
Street
Somerset
BA16 0EQ
Internal Box 123

Tel: 01458 842292
Fax: 01458 447850

Email address: pensionshelpdesk@clarks.com