Working for BT after age 65

If you continue in BT employment after age 65, you may choose any one of the following options:

  • choose to continue contributing and build up more pension and lump sum benefit;
  • You may draw your pension and lump sum, even though you are continuing in BT employment
  • You may stop contributing (or participating in SMART Pensions) and wait to take your pension and lump sum. You would then be treated as if you had opted out of BTPS membership. However, your deferred pension would receive an additional increase to the standard pension increase each year to reflect the later payment of your pension and lump sum

The above options are available to you at any time between your Normal Pension Age and the date you actually leave BT. The above choices will also be available to you at age 60.

You also need to take into account the State pension offset.

Frequent questions

Please click on the appropriate section: