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.
The Trustee has a stated intention of voting all of its equity holdings. Hermes Equity Ownership Services (EOS) supports the Trustee in taking voting decisions for its passive equity holdings in particular. Where active managers demonstrate strong capabilities they will vote on behalf of the Trustee.
Please click here for the BTPS proxy voting policy. The latest reports of votes cast are available to download here. You can request details of historical voting data by contacting the administration team.
BTPS will always support the recommendations of a company's board unless it has a good reason not to do so. All voting decisions are taken in the best interests of the Scheme's beneficiaries as long term owners.
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