Federated Investors, Inc. to Acquire Majority Interest in London-based integrated ESG Manager Hermes Investment Management from BT Pension Scheme.
Further to our update in February, BT was granted permission to appeal the High Court judgment to the Court of Appeal.
BT has announced the closure of Section B and C of the Scheme to future accrual in early summer 2018, having reached an agreement with the Communication Workers Union and Prospect.
The 2018 Trustee newsletter is now available and can be found on the Useful documents page. Members will receive a copy in the post over the next few weeks.
Are you looking to make a change to your regular additional voluntary contribution (AVC) payments in this tax year?
If you cannot carry on working because of serious ill health or disability, you may be able to retire and draw your Scheme pension immediately without reduction for early payment.
You have to satisfy BT’s medical retirement criteria; if you do, then you will receive an ill-health pension and lump sum. These will not be reduced (even though they are being paid early). In addition, you will receive an enhancement to your Pensionable Service.
You can find out how ill-health retirement is worked out by referring to the Section A Member Booklet in the Useful documents section of this website.
To apply to the Trustee for ill health retirement please contact Accenture via the contact form.
Please select from section A, B or C
For members who joined the Scheme before 1 December 1971
For members who joined the Scheme between 1 December 1971 and 31 March 1986
For members who joined the Scheme on or from 1 April 1986 but before the Scheme closed on 31 March 2001