BAE Systems Pension Scheme
Aircrew (pre 2003 joiners)

This section of the BAE Systems Pension Scheme has been closed to new members since 2003.
Members were:
 
  • employed as a pilot, navigator, flight engineer or qualified flying instructor,
  • AND whose contract of employment specifies that they may join the Scheme as an Aircrew member, 
  • AND who are more than one year away from Normal Retirement Date at joining,
  • AND who joined the Scheme before 6 April 2003.

This Section of the Scheme gives you a pension when you retire and also provides death benefits for your dependants when you die.
 
More details of the benefits can be found in the Booklet and Aircrew Addendum.
 
Contributions to the Aircrew section can be made under SMART Pensions. Paying your contributions in this way means that you could pay lower National Insurance Contributions.
 
You can also choose to pay Additional Voluntary Contributions (AVCs) in order to increase your retirement benefits.  The Trustee has chosen Standard Life for the investment of AVCs.  By accessing the Standard Life website you will be able to find out all the information you need about paying AVCs, the investment choices available, your options on retirement, as well as the forms required to start paying or to change the level of your AVC payments. From here you can also manage your AVC account online by accessing Standard Life's Online Services.
 
The Scheme provides benefits if you die so please keep your Expression of Wish Form up to date.
 
Any questions? Have a look at the Quick help or contact the Pensions Service Centre.
 
The BAE Systems Pension Scheme Consultative Committee exists to promote a better understanding of issues facing members in the pensions field. Representatives of this Committee are able to support members. They provide a formal channel through which matters that are of particular interest or concern to both in-service and deferred members can be raised. They are also actively involved in improving communication links between the Company and Scheme members. If you would like to discuss a pensions matter, please refer to the  Consultative Committees page for further information and to find the contact details of a Representative local to you.