BAE Systems Pensions

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I joined since 2012

Defined contribution members

If you joined after April 2012 you will be a member of a defined contribution (DC) pension scheme which is part of the Mercer Master Trust.

See our DC schemes

I joined before 2012

Defined benefit members

If you joined before April 2012, and joined a pension scheme, you will be a member of a defined benefit (DB) pension scheme.

See our DB schemes

Pension news releases

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15 November 2023 NEWS RELEASE

HMRC tax codes update for pensioners

Following on from the article dated 5 September and subsequent letters issued to all pensioner members of our UK pension schemes listed below in September, we can now provide an update regarding our BAE Systems’ UK Defined benefit pension schemes and the tax codes applied to them. This update is also being sent to all pensioners in a letter being issued week commencing 20 November.