Section A
News feed
Coronavirus update for members
17
Mar
2020
As the impact of the coronavirus is felt across the UK, we want to reassure members that looking after their pension is our top priority.
Judicial Review: Court of Appeal Judgment
24
Jan
2020
The Court of Appeal has published its judgment in relation to the proceedings brought by BT against HM Treasury
BT Pension Scheme Management acquires pensions software firm Procentia
16
Dec
2019
BT Pension Scheme Management (BTPSM) has today announced that it has acquired a majority stake in Procentia, a market-leading pensions software company for an undisclosed sum.
Court of appeal - Judicial Review update
10
Dec
2019
In November last year, BT brought proceedings in the High Court challenging the validity of a decision taken by HM Treasury.
My pension
Upon retirement, you will receive:
- A pension payable for life; and
- A lump sum of three times your annual pension
These benefits will be calculated with reference to your Pensionable Service (expressed in years and days) and Final Pensionable Salary.
The lump sum is currently tax free, provided it does not exceed one quarter of the standard Lifetime Allowance. For more information regarding the calculation of these benefits, please refer to the Member booklet for Section A which can be found in the Useful documents section of this website.