On 5 June 2018, the Trustee wrote to Section A and B members who are potentially affected by a court application currently being brought by BT.
BT has applied to Court for a judicial review of an HM Treasury decision that could impact how pensions in payment are calculated for certain Section B members.
From time to time the Trustee carries out a formal review of the actuarial factors which are used to calculate certain pension benefits.
The Trustee of the Scheme has updated the Privacy Notice, which explains how we manage the personal information that we hold.
BT and the Trustee of the BT Pension Scheme have reached agreement on the 2017 triennial funding valuation.
There is a new flat-rate (single-tier) State Pension that has been introduced which has replaced the basic State Pension and additional State Pension. The full new State Pension will initially be £155.65 per week. The amount will be based on your National Insurance contributions history and individual circumstances.
If you reached your State Pension Age before 6 April 2016, you will receive a benefit based on the Pre 6 April 2016 system.
Understanding your State Pension is an important part of planning for your retirement. If you want to find out more you can visit www.gov.uk/new-state-pension.
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