Pace is the pension arrangement for Co-op employees. Pace has two sections - Pace DC and Pace Complete.
From October 2015, Pace DC is the pension scheme offered by the Co-op to all employees to help them save for their retirement.
Before October 2015, Pace DC was referred to as Pace Essential (for members paying 1%) and Pace Extra (for members paying 4%). If you were building up benefits in Pace Essential or Pace Extra at October 2015 you are a member of Pace DC (unless you opted out).
Pace DC is administered by Legal & General. This short video
explains how Pace DC works. You can find full details about Pace DC at www.legalandgeneral.com/coop
If you were building up benefits in Pace Complete at October 2015 you will now have stopped and will have become a member of Pace DC (unless you opted out).
Pace Complete is administered by the Pensions Department. Go to the 'Pace Complete' section for more information.
Previously the Co-op has offered other pension schemes. Go to the 'Other Pension Schemes' section for more details.