June 2024
UK Reward Newsletter

For Your Health

Gympass | New Name. Same Commitment.

Wellhub, formerly Gympass, is evolving beyond a simple gym pass to become a complete wellbeing platform. While the name is new, its commitment to your wellbeing remains unchanged.

Wellhub provides access to gyms and leisure centers, live-stream classes, personal training, and wellness apps, all depending on the membership plan you choose. The plans are flexible, allowing you to change your level of membership each month. If you're not ready to commit to a monthly fee, consider signing up for the free Digital membership, which includes access to a few apps and some online classes.

Eye Care | For a Clear and Healthy Future

We are pleased to remind all employees about the Eye Care scheme available to you as part of our commitment to your health and wellbeing. If you are a regular user of Display Screen Equipment (DSE) or Visual Display Units (VDU), you are entitled to reimbursement of up to £30 for an eye test once a year.

Additionally, if spectacles are required specifically for DSE/VDU use, Pearson will contribute up to £110 towards the cost of the spectacles. Read the Eye Test policy for more information.

Aviva Digital GP | GP In Your Pocket

We want to remind you that you have access to the Aviva Digital GP service. This service allows you to conveniently have GP video consultations from home or while on the go. Benefits include unlimited GP video consultations, the option to choose your preferred GP, and many other advantages. You can download the app from the Apple app store or Google Play. To activate the service, use the access number 752487. Learn about all the ways Aviva Digital GP can assist you by reading this brochure on the benefits website.

For Your Wealth

Lifetime Allowance (LTA) Abolished | Replaced with New Allowances

The start of the new tax year on 6 April brought about new changes for pension savers. With the removal of the LTA, new allowances were introduced – the Individual’s Lump Sum Allowance (LSA) and the Individual’s Lump Sum and Death Benefit Allowance (LSDBA). These allowances aim to limit the total amount of tax-free lump sums that individuals can receive from their pension savings. A third allowance, the Overseas Transfer Allowance (OTA), was introduced to limit tax-free transfers overseas for individuals.*

To understand what these changes may mean for you, visit the Pearson Pension Plan website or complete this online form to submit your question(s).

*source: Pension and Lifetime Savings Association

Pearson Pension Plan | Changes to Investment Options

The Trustee of The Pearson Pension Plan has made changes to the investment options available to members of the Plan. As a reminder, members will not be able to make any investment changes or access Aviva’s secure online portal between 12 and 27 June 2024. To learn more about the investment changes, visit the Changes to Investment Options page.

For Your Life

Benefits Summary | Benefits for the LGBT+ Community

In observance of Pride Month, we want to highlight the new LGBT+ Benefits Summary. The summary was curated to highlight the benefits offered at Pearson as well as local resources that may be of interest to those who are a part of the LGBT+ community. Looking for a community of support? Engage with Pearson Spectrum, the resource group that supports and affirms Pearson's LGBT+ community and its allies.

Volunteering To Make a Difference | Helping Those in Need

Why not step away from your daily work routine and use some paid time away for a cause that matters to you? Pearson encourages employees to volunteer within their communities at charitable institutions, educational establishments, or social justice organizations.

The policy provides up to five days of paid volunteering leave per calendar year, prorated for part-time employees working less than five days a week. For more details, please refer to the Volunteering policy.

© 2024 Pearson. All rights reserved.

The information in this document is provided for your general information only and is no way a guarantee or contract of employment. All benefits are governed by rules and policies as set out in their respective policy documents, contracts and agreements. If there is any discrepancy between the information in this document and the policy documents, the policy documents shall prevail.

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