Click below to download a copy of your Member Booklet or to watch a short video which explains how your pension is calculated.

This page is for BAE Systems members, if you are an Airbus member please visit the Level 100+ Airbus Section page.

Level 100+ Airbus section
Your Level 100+ Member Booklet - BAE Systems section
How is my pension calculated?
BAESPS - Level 100+ (BAE Systems)
BAE Systems Additional Retirement Savings Plan

Your employer pays a percentage of your salary into the BAE Systems Additional Retirement Savings Plan (BAESARSP) on your behalf. Please refer to the DB retirement options guide to understand how you can utilise your BAESARSP funds at retirement.

You can also pay Additional Voluntary Contributions (AVCs) to the BAESARSP, however these will not be matched by your employer. Please see the Paying AVCs guide for more information about paying AVCs. 

MMT BAESARSP member booklet

Frequently Asked Questions

You can find some FAQs below about your membership of the BAE Systems Pension Scheme - Level 100+.

You pay 4% of your basic salary towards the cost of building up your Core Pension in the BAE Systems Pension Scheme. Your employer pays the balance of the cost of providing your pension.

Your employer also contributes to the separate Mercer Master Trust arrangement on your behalf, please see your Level 100+ member booklet for more information. You can choose to pay Additional Voluntary Contributions (AVCs) on top of this - but please note the company will not match these contributions.

Details of how you can start paying regular monthly AVCs or pay a one-off lump sum AVC  can be found in the Paying Additional Voluntary Contributions pension guide.

Please refer to the Working part time pension guide.

For active members, you can retire at any time after age 55. The government is due to increase the minimum pension age from 55 to 57 from April 2028.

For deferred members, you may have a Protected Pension Age (PPA) which means you may be able to retire earlier than the mimimum pension age. If you joined the Scheme before 6 April 2006 you can start receiving your pension from age 50. If you joined the Scheme after 5 April 2006 you can start receiving your pension from age 55, even after the minimum age is increased to age 57 from April 2028.

If you take your pension before age 65 an Early Retirement Factor will be applied.

Please note that different Early Retirement Factors are applied between members retiring from active service and members retiring from deferred status (i.e. where there is a gap between leaving and retirement).

More details can be found in the Early Retirement FAQ, which you can find on OneView.

Most members can run instant retirement quotations via Aptia's online member portal OneView. If you are unable to run a quote via OneView can you submit a request via Contact Aptia Pensions (go to 'Raise a Request' then 'Retirement').

A Nomination of Beneficiaries form is an important part of the decision making process when the Trustee is considering the distribution of benefits in the event of your death.

Please log into OneView to update your Nomination of Beneficiaries.

Please be aware that for your savings in the Mercer Master Trust you must complete a separate Nomination of Beneficiaries form for this arrangement via Mercer Money.

Your pension will remain in the Scheme until you retire unless you decide to transfer it to another pension scheme. During the period between you leaving and when you take your benefits your pension will be increased in line with inflation.

More information can be found in your Member Booklet.

Any change to a home address by an active member must be updated via SuccessFactors (or your HR platform for any other participating employer other than BAE Systems) rather than by going directly to Aptia. Your employer will notify Aptia of any change of address via the monthly interface they issue.

Deferred and pensioner members should notify Aptia. You can do this online via OneView or my going to Contact Aptia Pensions and selecting 'Raise a Request' then 'Change your details'.