Options Exercise video storyboard

[Start of video]Visuals / graphics (VIS): Logos animate on screen.

VIS: The Civil Service Pensions logo disappears while the words Options Exercise appear.Voice Over (VO): Some members close to their Normal Pension Age will not move into alpha on the 1st of April 2015. Some just outside this will have a choice about when they move through an Options Exercise.

VIS: Clouds move along in the sky.VO: This video gives you an overview of the Options Exercise and the choice which eligible members will have to make. If you are eligible you will have an important choice about when you move into alpha.

VIS: Shot moves down to reveal a skyline as text appears on screen.VO: Eligible members are those who are more than 10 but less than 13 and a half years from their Normal Pension Age on the 1st of April 2012...

VIS: A hot air balloon appears on screen while VO is spoken.VO: ...were a member of a public service pension scheme on the 31st of March 2012...

VIS: An aeroplane appears on screen while the VO continues.VO: ...and were a classic, classic plus, premium or nuvos member between the 15th of August and the 30th of September 2014.

VIS: A helicopter appears and an Options Pack flies through a door.VO: If you are eligible for the Options Exercise we will send you an Options Pack in October 2014 to guide you through the process and help you understand what you need to do.

VIS: Clouds move along as the web address appears on the screen.VO: You can find more information about who will take part in the Options Exercise on the website. civilservicepensionscheme.org.uk

VIS: Shot moves down to reveal animated people stood at a fork in the road, a speech bubble appears.VO: So what are my options?

VIS: Shot moves up in the sky to show Option 1.VO: You have two options. The first option is to move into alpha on your alpha enrolment date, which will be shown on the statement in your Options Pack. This date is based on how far you were away from your Normal Pension Age on the 1st of April 2012.

VIS: Shot moves across to show Option 2.VO: Or you can choose to move into alpha on the day it is introduced, the 1st of April 2015.

VIS: Shot moves across as an animated booklet appears.VO: The pack will include projections of your pension and lump sum for both options. You should read the statement and information booklet to help you understand what the choice will mean for you.

VIS: Shot moves down as a statement and calculator appear on screen.VO: You can also use the Options Exercise calculator on the scheme website to see how different retirement ages and lump sums could affect your decision.

VIS: Shots moves up into the clouds as text appears on screen.VO: Please read all the information carefully because this is an important decision that you will have to make.

VIS: Further text appears on screen.VO: You might wish to speak to an Independent Financial Adviser to help you make your choice.

VIS: Sky continues to rise. A reply slip falls into an envelope and the envelope seals. The envelope flies off screen.VO: Once you have decided, fill in the reply slip and return it in the prepaid envelope before the deadline shown on the statement.

VIS: Calendar icon appears and flaps in the breeze.VO: The deadline will be some time in December 2014.

VIS: Shot moves down and a speech bubble appears.VO: So what happens if I can’t decide or if I don’t reply in time?

VIS: Shot rises into the sky and a cross appears over the calendar.VO: If you don’t let us know your decision by the deadline...

VIS: A statement appears on the screen.VO: ...then you will move into alpha on the enrolment date shown on your statement, rather than from the 1st of April 2015.

VIS: Shot moves down and a speech bubble appears.VO: So what happens if I change my mind?

VIS: Shot moves into the clouds.VO: You won’t be able to change your decision once we’ve received it, so please think carefully about what the best option is for you.

VIS: The alpha logo animates onto the screen along with the website address.VO: The website contains more information on everything covered in this video.

VIS: The sky fades out as the Civil Service Pensions logo and disclaimers fade in.[End of video]

©2014 OEV_SB_v1_061014