Section A
News feed
Summary Funding Statement 2017 now available
08
Jun
2017
The Trustee has now published the Summary Funding Statement outlining the results of the 30 June 2016 actuarial interim assessment.
BT review of BTPS benefits
30
May
2017
BT have announced that they have commenced a review of the BT Pension Scheme (BTPS) benefits.
How much will your State Pension be?
18
May
2017
Reforms in April 2016 introduced the new State Pension. Most people reaching State Pension Age this year won’t be entitled to the full amount. How much will your State Pension be?
Snap general election halts decision to reduce MPAA
28
Apr
2017
Following the announcement of a general election, the Government is expediting the Finance (No 2) Bill before Parliament is dissolved on 3 May 2017.
When can you retire?
As a Section A member, your Normal Pension Age (NPA) is 60. This is when you would normally draw your pension, but you can draw your pension before or after NPA.
As long as you meet HMRC regulations and have BT's agreement, you can take your pension at any time from age 55, if you carry on working for the company, or from age 50 if you leave the company.
Drawing your pension early usually means that your pension will be reduced.