BAE Systems Pension Scheme
SIPS Benefits

There are three benefit structures applicable to members holding SIPS benefits in the BAE Systems Pension Scheme – VSEL, FSL and Portsmouth. The information on this page provides you with an overview of SIPS benefits.
Please refer to the booklets on this page to learn about the benefits applying to your own membership.
You can also choose to pay Additional Voluntary Contributions (AVCs). There are a number of investment options and these are outlined in the Investment Guide
You should ensure you have completed an Expression of Wish Form. This helps the Trustee decide who should receive any lump sum payable in the event of your death. If you are a member and have not completed an Expression of Wish Form you should do so and the form is available on the right hand side of this page.
Remember, whether you’re a contributing, deferred or retired member, you can view your own record and get pension quotations using the Retirement Illustrator by logging into Hartlink.