BAE Systems Pension Scheme
Alvis Benefits

The BAE Systems Pension Scheme – Alvis Benefits (“the Scheme”) is no longer open to new members but remains open to existing members. 
Find out more about the benefits payable in the Scheme booklet
 
Contributions to the Scheme 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 Nomination Form up to date.
 
Any questions? Have a look at the Quick help or contact the Administrator via 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.