BTPS

• Section A
  • Your benefits at retirement
  • Pension options
  • Membership
  • What you pay
  • Early retirement
  • Ill-health retirement
  • Choices at age 60
  • Leaving the Company
  • Death benefits
• Section B
• Section C

Choices at age 60

You have some choices when you reach age 60. We'll send you more information before your 60th birthday, but for now, here's a summary:

• you can retire from BT and take your pension and lump sum;
• you can carry on working and contributing to build up more pension and lump sum;
• you can stop contributing and then wait to take your pension and lump sum. We'd treat you as if you had opted-out of the Scheme; or
• you can take your pension and lump sum immediately, and if BT agrees, carry on working for BT. You won't earn any more pension benefits and your life cover will stop. You won't be allowed to join any other BT pension arrangements, but you can make your own personal pension arrangement if you want to.

These options are available to you at any time between your Normal Pension Age and the date you actually leave BT.

© Copyright BT Pension Scheme Trustees Limited 2010