Pension guides

Pension guides provide information on topics of general interest which members often raise queries on. 
  • What scheme am I in?

    This guide tells you how you can confirm which BAE Systems pension scheme you are a member of.
    Find out more
  • Working part-time

    This guide provides important information about how your BAE Systems pension (and related benefits) may be affected if you are considering working part-time.
    Find out more
  • Changing roles

    This guide provides important information about how your BAE Systems pension (and related pension benefits) may be affected if you are considering a change in your role which attracts a salary reduction.
    Find out more
  • Scheme Maximum

    This guide gives defined benefit members an understanding of the term Scheme Maximum and, if applicable, how it might be applied to your BAE Systems pension scheme benefits.
    Find out more
  • Paying severance into a pension scheme

    This guide provides scheme members with a brief explanation of paying severance into a BAE Systems pension scheme.
    Find out more
  • Pension scams

    This guide will help you spot a scam and give you advice on what to do if you are contacted.
    Find out more
  • Independent Financial Advice

    This guide tells you about how you can access free financial guidance and what to consider before appointing an independent financial adviser.
    Find out more
  • Pension flexibilities

    This guide outlines the ways in which members can access the 'pension flexibilities' which were introduced in the UK from April 2015.
    Find out more
  • Stepped Pension

    This guide tells BAE Systems Pension Scheme - Levels 125, 167, 187 and 200 and 2000 Plan Benefits members about the option of a Stepped Pension on early retirement (unless retirement is on grounds of ill-health).
    Find out more
  • Gender identity policy

    This guide provides members with details of what information is required and how any pension benefits may be affected following a change of gender.
     
    Find out more
  • Pensions and Divorce

    This guide provides members with an explanation of the impact divorce can have on their pension.
    Find out more
  • Triggering the Annual Allowance

    This guide explains what happens if the inputs to your pension savings in any one tax year (6 April to 5 April) exceeds the limit under which you can receive tax relief.
    Find out more
  • Lifetime Allowance

    This guide explains the Lifetime Allowance and what happens if the retirement benefits you build up exceeds it.
    Find out more
  • Receiving your Company pension

    This guide provides a brief explanation of the retirement process, actions and timings associated with drawing your BAE Systems pension should you retire immediately on leaving employment with the Company.
    Find out more
  • Being a deferred member

    This guide sets out the options that are available to members who have deferred benefits within a BAE Systems pension scheme.
    Find out more
  • Transferring out of a defined benefit pension scheme

    This guide provides important information if you are an active member of a defined benefit BAE Systems pension scheme and you are considering leaving the scheme and taking a transfer value.
    Find out more
  • State pension

    This guide provides information on State pension arrangements in the UK.
    Find out more