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Changing your pension level – For members of the BAE Systems Pension Scheme - Level 125, 167, 187 or 200 Benefits, Alvis Benefits and SIPS Benefits (VSEL and Portsmouth)
The Scheme is flexible and allows you to change the basis upon which your pension builds up each year. -
Lump sum AVC for 2022/23 tax year
Do you want to boost your pension savings before the end of the tax year 2022/23? -
Standard Life Property Fund (CR) Update November 2022
Important information for (i) BAE Systems Pension Scheme Level 100+ Retirement Account and Additional Voluntary Contribution (AVC) members and (ii) BAE Systems Executive Pension Scheme Retirement Account members investing in the Standard Life Property Fund -
BAE Systems Pension Scheme: Climate-related Financial Disclosures (‘TCFD’)
In 2015, an international treaty on climate change known as the Paris Agreement was signed by 196 countries. The long-term goal of the Agreement is to limit temperature increases to well below 2°C – ideally below 1.5°C. -
13 October 2022 - Notice to Royal Ordnance Pension Scheme (“The Scheme”) Members
You may have seen reports of turmoil in the markets, particularly in the UK gilt market, since the mini budget of Friday 23 September 2022. -
13 October 2022 - Notice to BAE Systems Pension Scheme (“The Scheme”) Members
You may have read about the recent turmoil in the markets, particularly the UK gilt market, since the mini budget of Friday 23 September 2022. -
Are you a deferred member of the BAE Systems Pension Scheme or Executive Pension Scheme looking to retire before your schemes Normal Retirement Date this year?
If so please read on as you may wish to consider delaying your retirement plans until next year -
BAE Systems Pension Scheme Funding Update
The Trustee of the BAE Systems Pension Scheme (‘the Scheme’) is pleased to announce that agreement has been reached with BAE Systems plc (the Company) on the actuarial valuation for the BAE Systems Section (‘the Section’) of the Scheme as at 31 March 2021. -
Overseas pensioner address verification exercise
It is important that the Trustee(s) of the BAE Systems pension schemes hold up to date address details for all their members. The Trustee(s) have appointed the services of the XPS Pensions Group to carry out an address verification exercise for all overseas pensioner members who are in receipt of a pension. -
2022 re-enrolment exercise
The Government introduced Automatic Enrolment in 2012, which is designed to help people save more for their retirement. -
Lump sum AVC for 2021/22 tax year
Do you want to boost your pension savings before the end of the tax year? -
Changing your pension level – For members of the BAE Systems Pension Scheme - Level 125, 167, 187 or 200 Benefits, Alvis Benefits and SIPS Benefits (VSEL and Portsmouth)
The Scheme is flexible and allows you to change the basis upon which your pension builds up each year. -
Pension Essentials
A video designed to give you an overview of the benefits you enjoy as a member of one of BAE Systems’ pension schemes. -
BAE Systems Pension Scheme Net Zero Statement
Our investment strategy is set in the best financial interest of our members. -
National Pension Tracing Day
31 October 2021 sees the launch of National Pension Tracing Day. The clocks go back, so you have an extra hour to start tracing any lost pensions.
