BTPS

• Section A
• Section B
  • Your benefits at retirement
  • Pension options
  • Membership
  • What you pay
  • Additional benefit flexibility options
  • Early retirement
  • Ill-health retirement
  • Choices at age 65
  • Working for BT after age 65
  • Leaving the Company
  • Death benefits
• Section C

Choices at age 65

You have some choices when you reach age 65. We'll send you more information before your 65th 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 wait to take your pension and lump sum. You would be treated as if you had opted-out of BTPS membership; or
• you can take your pension and lump sum immediately, and if BT agrees, carry on working for BT. You will not be eligible to join any other BT pension arrangement, but you can, if you wish, make your own personal pension arrangement for this period.

The above 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