Section A
News feed
BT Pension Scheme to sell majority stake in Hermes
13
Apr
2018
Federated Investors, Inc. to Acquire Majority Interest in London-based integrated ESG Manager Hermes Investment Management from BT Pension Scheme.
Section C Court Case: Appeal
09
Apr
2018
Further to our update in February, BT was granted permission to appeal the High Court judgment to the Court of Appeal.
Closure of the BT Pension Scheme
19
Mar
2018
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.
2018 Trustee Newsletter now available
20
Feb
2018
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.
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.