BTPS

Leaving the Company

If you leave the company before Normal Pension Age you can choose:

to take a deferred pension (which will be paid at Normal Pension Age)
to transfer the value of your pension, this would be paid into your new employer's pension scheme or your own registered personal pension plan; or
if you are over age 50, you can retire and take your pension early (but remember, this will be reduced, see Early retirement)

You can find out more about Deferred Pension by clicking on the 'more detail?' button below.