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.
Contribution breaks
Unpaid leave
Any period of unpaid leave will not count as Pensionable Service unless, when you return to work, you agree to pay the contributions which would have been due from you for that period as if you had continued to be paid. If you are participating in Smart Pensions, the contributions will be equal to your notional contributions.
You will need to apply to Accenture and have this agreed within three months of your return to work.
Unpaid absence.
Any period of unpaid absence will not count as Pensionable Service unless, when you return to work, you agree to pay both your own contributions and those which would have been payable by BT but for the absence. If you are participating in Smart Pensions, the contributions will be equal to your notional contributions, including company contributions.
You will need to apply to Accenture and have this agreed within three months of your return to work.
Maternity/Paternity/Adoption leave
If you are on paid maternity, paternity or adoption leave, you will continue to pay contributions on the Pensionable Salary you are receiving and that period will count as Pensionable Service.
Sabbatical
Any leave whilst you are on a Sabbatical will not count as Pensionable Service unless, when you return to work, you agree to pay both your own and the company's contributions which were due for that period. You will need to apply to Accenture and have this agreed within three months of your return to work.