Last year BT brought proceedings in the High Court challenging the validity of a decision taken by HM Treasury (HMT) relating to the method used to make certain increases to pensions in payment for public sector workers who reach State pension age between 6 December 2018 and 5 April 2021. The method chosen by HMT means that the same pension increases also apply to Section B members reaching State pension age in this period. The High Court determined that the decision made by HMT was valid.
The Court of Appeal have now granted BT permission to appeal this decision. Assuming BT proceeds with the appeal, the Trustee of the BT Pension Scheme will be neutral and, as they did in the first instance proceedings, will ensure the Court has all relevant information that it may need in order to make a decision. The Trustee will continue to provide updates if there are any further developments.