Section A
News feed
BT Pension Scheme appoints three new Trustees
30
Mar
2020
The BT Pension Scheme (BTPS or the Scheme) has announced three new appointments to its Trustee Board.
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.
Divorce
If you get divorced, BTPS may be required to allocate or pay part of your retirement or death benefits to your ex-spouse to comply with any court order requiring this.
This can happen even if you are already receiving a pension. Part of your pension will then belong to your former spouse, who must then transfer the value of it to another pension arrangement. This process is known as ‘pension sharing’.
If you are getting divorced it is important that you review your Expression of Wish Form and seek legal advice as the options can be complex.
If you need detailed information about the value of your benefits in connection with a divorce, you will need to contact the administration team.