In addition, members under State Pension Age who have not chosen the 1/54 build-up rate (Flying Staff) or the 1/58 build-up rate (Ground Staff) pay an additional 3. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The number of meetings varies from year to year – in some years Trustee Directors could attend an average of 20 meetings. This can be found at the top of any personal communications we have sent to you. Former BA Staff Absent Friends. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). MND Neil Blackburn’s term came to an end on 30 September 2021. Normal Retirement Age is usually age 55 for Flying Staff and age 60 for Ground Staff. APS. After that we will only provide a pay slip if the amount you will receive changes by more than £0. 1% of Band Earnings. The tax charge for the Lifetime Allowance (LTA) was removed from April 2023. mybapension. Most APS pension payments are paid in arrears and are made by the last working day of each month. You get: a 'Post 2007' service pension worked out as 1/60 of your pay at retirement for every year of Pensionable Service in Plan 60 between 1 April 2007 and 30 September 2010, plus 1/75 of your pay for every. If you have a deferred pension in NAPS, this is due to be paid from your Normal Retirement Age (NRA) ( Plan 60 or Plan 65 ). Or, if you take a lump sum, the LTA value would be the cash value of your lump sum plus 20 times your remaining annual pension: lump sum of £20,000 plus 20 x £4,200 p. (your Pensionable Service to 31 March 2007 x your Retiring Pay ) divided by 52 Build-up rate (Flying Staff) or by 56 Build-up rate (Ground Staff). Employer Nominated Directors (ENDs) are appointed by BA, and Member. Percentage of Pensionable Pay that you pay. You can register for online communications at any time by clicking the ' Register ' button, then following the on-screen instructions. Your NAPS deferred pension statement – NAPS is closing to further pension build-up on 31 March 2018. If you have a tax query, please call the tax office on 0300 200 3300 or write to:The first payment is made at the end of the month after the month you retire. 25% ( Ground Staff) or 8. The Pension Schemes Act 2021 introduces two new conditions that must be met before a transfer can be paid from a defined benefit pension scheme, such as APS or NAPS, to another UK or overseas pension arrangement. 17 March 2023. The password you should use to register on the website is the one provided in your original registration letter or any reminder letter we have sent to you. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If you do not have a user ID, you can request one from your NHS Pensions contact. mybapension. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. I am a spouse/partner or dependent of a member of NAPS. 25% Ground Staff. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. mybapension. com. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. Alternatively, AVCs can be used to buy extra pension, either from BA Pensions. com. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If there are questions about your benefits that you would like to see answered on this site please let us know. 2 Contents 04 Welcome to your pension 08 How much should I save? 16 How is my money invested? 33 Know your funds 39 Your choice of funds 43 Keeping track of your pension 49 Frequently-asked questions 57 Get in touch AV941280_NGS47333A1_MM39066_0823. Your pension will increase each year in line with the rate specified within the Government’s Pension Increase (Review) Orders issued by HM Treasury. What I get from my AVC account. Liverpool. mybapension. Email [email protected] Airways Pension Trustees Limited (BAPTL) is a company established to hold the assets of the Airways Pension Scheme (APS) and the New Airways Pension Scheme (NAPS), with BAPTL acting in law as the Custodian Trustee of the assets of both schemes. com is for staff who joined British Airways before 1 April 2003 and are. 17. Send a message via ' Contact us '. If you have not yet registered and have lost your registration letter please contact BA pensions on 020 8538 2100 to request a duplicate to be sent to you in the post. If you elected to stop paying contributions and. You can also view your yearly deferred pension statements if you usually receive these. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The Scheme is still required to add inflationary increases - up to the. Telephone +44 (0) 203 691 3215. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. If you are receiving a single pension entitlement. 19 hours ago · After almost seven weeks of devastating conflict between Israel and Hamas, a deal to secure the release of 50 women and children held hostage by the Islamist. Pension increases. Write to us at: British Airways Pensions. You can contact us at any time from age 55 if you wish to draw a reduced pension. mybapension. Changes to public sector pension schemes. Threshold income is all income subject to income tax, including: You should contact BA for clarification as to what pension contributions should be added back in. mybapension. All Staff – Plan 65. PO Box 2074. We provide a pay slip with your first pension payment. If you have a defined contribution pension scheme, you can usually access your pension savings from age 55. If you die whilst an active member of the Scheme - the allowance is calculated as one-sixth of the basic pension you would have received for the years, months and days that you have been in the Scheme plus half the time remaining between the date of your death and Normal. HM Revenue and Customs (HMRC) will only allow such payments if you have a short time to live. Email [email protected] to MyPension. mybapension. Changes to my life. 1. 6%. When you start. mybapension. With this rate you pay the same Scheme contributions that you would pay for the standard build-up rate 1/52 (Flying Staff) or 1/56 (Ground Staff) but BA then covers the cost of the. 1% of Band Earnings . The lump sum is broadly the difference between benefits you have received, if any, and your contributions plus interest. A pension of two-thirds of the pension you earned whilst paying the higher contributions towards an Adult Survivor’s pension (before any adjustments to your own pension such as taking a tax-free lump sum or any early retirement reduction) will automatically be paid to your husband, wife or civil partner. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If you have any concerns, you should contact the Pension Credit helpline on 0800 731 0469. This can be found at the top of any personal communications we have sent to you. Address changes can also be accepted in writing with a signature (our address is on the Contact us page). The Government’s pension arrangements differ depending on whether you reach your State. Our Absent Friends page includes details of former colleagues who have recently died. 1. = £104,000. 5m (IP2014). If you have a tax query, please call the tax office on 0300 200 3300 or write to: PAYE. 6%. Redirecting to ESS Home in 10 seconds. If you do this, we will add late-retirement increases to your pension to compensate you for the delay in payment. Default build-up rate. Absent Friends Supplied by British Airway PensionsThe government gives. As an illustration, at age 60, the amount of tax-free lump sum available for every £1 of pension exchanged could be around 21% higher. FAQs. 07m and will still apply in most cases if you draw a pension before 6 April 2023 . mybapension. mybapension. If you move from Flying Staff to Ground Staff or vice versa your Normal Retirement Age, pension Build-up rate and pension Contribution rate will change. The Scheme Rules provide for full pension increases to be paid up until age 65 (men) or age 60 (women) on any GMP. 99. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways'. You may need to check with your building society for the correct details to provide. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. You pay a standard rate of 7. Please use the online ‘ Contact us ’ form to request a CETV quotation, or call us on 020 8538 2100 (9am to 1pm, Monday to Friday). Then start a separate pension in. The lump sum does not have to be paid to your spouse, partner or surviving dependant. If you have a single pension entitlement with us, your pension reference number will usually be your six-digit BA staff number preceded by “1”, for example if your staff number is 097132, your pension reference would usually be 1097132. 2 Contents 04 Welcome to your pension 08 How much should I save? 16 How is my money invested? 33 Know your funds 39 Your choice of funds 43 Keeping track of your pension 49 Frequently-asked questions 57 Get in touch AV941280_NGS47333A1_MM39066_0823. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). *Option 55 is now closed to new joiners but existing Option 55 members currently have opportunities to switch off Option 55 within Plan 60 from 1 April or 1 October. What we'll send to you, how and when. 56%, your AVC balance at the end of the 21/22 year would be calculated as your £1,000 balance increased by 0. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. You can delay receiving your pension after your Normal Retirement Age, up to a maximum of age 75. If you are making your normal Scheme contributions via BA's SmartPension arrangement the maximum AVC amount you can save is 50% of your Gross taxable pay after reductions. NAPS 31 March 2018 Funding Valuation. Key facts: You can save any amount up to 50% of your gross taxable pay. The standard build-up rate in NAPS Plan 60 was 1/75. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). 8 Castle Street. 1% of Band Earnings. Alternatively, contact BA Pensions for a provisional quote at any time. PO Box 2074. To book a place, contact Vanessa Rowley or Kasia Ambrose on 020 3691 3215 or email: membership@ba. Key facts: You can save any amount up to 50% of your gross taxable pay. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. On this page are details of former colleagues who have recently passed away. BA Pensions have today published member updates on their website for both APS & NAPS. Update your personal information. The individual statements will show the new rate of. You cannot give or 'assign' your benefits to anyone else. mybapension. mybapension. Former BA Staff Absent Friends. You can retire and draw a reduced pension before your Normal Retirement Age - from age 50. mybapension. Write to us at: British Airways Pensions. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. The standard rate at which your pension builds up is 1/75 (for both Flying Staff and Ground Staff) for which you pay contributions of 5. The Orders currently reflect. I am a spouse/partner or dependent of a member of NAPS. The term of office for a Trustee Director is for a period of between five and five-and-a-half years. The number of meetings varies from year to year – in some years Trustee Directors could attend an average of 20 meetings. So if you retire on 11 August, your first payment will be on 30 September and will include pension for the period 11 August to 30 September. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Click here to read the most recent obituaries. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). I left before 1 April 2007. The normal Scheme increase. mybapension. com is for staff who joined British Airways before 1 April 2003 and are. Liverpool. The informant will need your pension reference number when calling the team. The TCFD developed a framework to help public companies and other organisations disclose climate-related risks and opportunities. NAPS Top 100 Equity Holdings list. 50%. L69 2YL. December 2021 Page 3 of 6 British Airways Pensions Divorce debits that are effective on or after 6 April 2014 may affect any Lifetime Allowance Individual Protection (IP14 - or IP16 from April 2016) that the member may have obtained from HM Revenue & Customs (HMRC). You can choose to use it all to provide a monthly income, take part of it as a lump sum on retirement or transfer out to an external provider. 24 March 2023. . The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. Covid-19: Important update about our services - 17 March 2020. mybapension. You should give this option careful consideration as opting out means you will be giving up valuable pension scheme benefits. L69 2YL. If you have not yet registered and have lost your registration letter please contact BA pensions on 020 8538 2100 to request a duplicate to be sent to you in the post. The information on this site describes the benefits and options available from Part 6 of the Airways Pension Scheme. Write to us at: British Airways Pensions. Cost of living support. Protections are available and further information is. mybapension. Liverpool. 25m could apply for the value of their pension benefits on 5 April 2014 to be protected up to a maximum value of £1. If you need to report the death of a loved one, we also. My deferred pension. 56%, your AVC balance at the end of the 21/22 year would be calculated as your £1,000 balance increased by 0. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New. Log in to see the personal statements and tools available to you. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Additional Voluntary Contributions (AVCs) You can save AVCs on top of your basic Scheme pension and they are a tax-efficient way of saving for extra pension or lump sum benefits when you retire. Or, if you take a tax-free lump. Percentage of Pensionable Pay that you pay. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. 99. mybapension. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. January 2020. Frequently asked questions (FAQs) on the COVID-19 (Coronavirus) outbreak - 20 March 2020. mybapension. The APS Discretionary Increase Settlement makes provision for payment of a Discretionary Increase in 2020 of 75% of the gap between RPI and the Government’s PIRO increase for 2020 (The PIRO increase is expected to be 1. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). This helpline is open Monday to. Your scheme administrator should be the first point of. 22. You can register for online communications at any time by clicking the 'Register' button, then following the on-screen instructions. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The matter before us tonight therefore affects a substantial number of people, some on very modest pensions—the average pension in APS is about £14,000 per annum and in NAPS it is about £12,000 per annum—and has what Captain Post has described as a “complex history”, going back to 1948, when APS was established. We may also hold and process some special categories or "sensitive. mybapension. The lump sum is free of inheritance tax. Currently AVCs can be taken as part of the maximum tax-free lump sum of up. This takes you to a page featuring “My Plans. To provide an additional dependant's pension you must give up part of your own pension permanently. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). There are choices within NAPS that will: meet your needs now and in the future. My deferred pension. Looking for old news? mybapension. The 2023 Pension Increase is 5%. Your pension is flexible. A lump sum may be paid if no Adult Survivor’s pension is payable. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Mixed Portfolio fund (MPF) The MPF is like a unit trust fund, which means your investment is used to buy units of (mainly UK and overseas) stocks and shares. The standard Annual Allowance is currently £60,000 a year. It is likely that you have questions about your British Airways pension benefits. When I die. The Pension Schemes Act 2021 introduces two new conditions that must be met before a transfer can be paid from a defined benefit pension scheme, such as APS or NAPS, to another UK or overseas pension arrangement. You can switch from one of the funds to another on the 1st day of any month. Search APS: mybapension online. 8 Castle Street. If the value of your pension benefits from all UK registered pension schemes exceeds the LTA at the point you draw them, you will incur a tax charge on the amount over the LTA in force at that date. The tapered AA. If you left employment with BA and left your pension in the Scheme you can draw your benefits any time from age 50 if you wish (subject to certain conditions – see below). This plan is administered by Aviva Life & Pensions. If you have not yet registered and have lost your registration letter please contact BA pensions on 020 8538 2100 to request a duplicate to be sent to you in the post. Please keep in mind that for most people, the amount you can take as your tax-free entitlement will stay at 25% of the value of your Scheme pension, up to a maximum amount of £268,275 (25% of the LTA of £1,073,100). mybapension. This can be paid at, or after, your Normal Retirement Age, or you can choose to draw a reduced pension from the age of 50 or even earlier if you become too ill to work. 15 min ago. 5% Flying Staff. 00%. Welfare, Social & Benefits. The Scheme is still required to add inflationary increases - up to the. We will issue a pension increase statement each year, usually near the end of April, with full details of the increase that will apply to your pension and this will include a P60 certificate. 75%. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. Liverpool. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If you no longer have this, please call the Pensions Team on 020 8538 2100 (9am to 1pm, Monday-Friday). mybapension. If you need any information on how your plan is performing, you can either: Log into your BAPP account via the BA intranet, Aviva’s My Workplace app or. If there are questions about your benefits that you would like to see answered on this site please let us know. If your deferred pension has a cash equivalent value of £10,000 or less, you can exchange it for a one-off small lump sum at any time after GMP Age (age 65 - men; age 60 - women) or from age 55 if your pension does not include a Guaranteed Minimum Pension (GMP) entitlement. CPI was 6. mybapension. There are four different types of piles in Solitaire. You get automatic tax relief at your highest tax rate. 24 March 2023. Employee Self Service - Login; Select login type; BSAFEYou can find information about your pension online – anytime, anywhere. The New Airways Pension Scheme (NAPS) is an occupational final salary scheme. These increases apply to any elements of your pension that qualify for yearly increases under the Scheme Rules. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The two conditions are applied in order and, if neither condition is met, any statutory right you may have to transfer is removed and. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). ’ page of our website, 1. 50%. The two conditions are applied in order and, if neither condition is met, any statutory right you may have to transfer is. com. mybapension. With this rate you pay the same Scheme contributions that you would pay for the standard 1/75 build-up rate but BA then covers the cost of the additional employer’s National Insurance Contributions (NICs), currently 3. The AA for your defined benefit (DB) pension savings, such as your APS pension, will also be reduced to £50,000. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. Please use the online ‘ Contact us ’ form to request a CETV quotation, or call us on 020 8538 2100 (9am to 1pm, Monday to Friday). The seminars are currently being provided exclusively online, by webinar. APS is a Final Salary Scheme administered by British Airways Pension Services Ltd (BAPSL). Pre-retirement seminars are open to current and former employees who are interested in retirement planning. The Corporate Trustee. Your pension is paid from the day after you retire. You may become a parent, get married or start a committed relationship. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. our website: . Members must have registered with HMRC before 6 April 2017 for Individual Protection 2014 to apply. Pensions for state employees and teachers have been a wrench in the gears of Pennsylvania government for decades. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The lump sum is free of inheritance tax. The password you should use to register on the website is the one provided in your original registration letter or any reminder letter we have sent to you. indd 2 22/08/23 3:43 PMPlease use the online ‘ Contact us ’ form to request a CETV quotation, or call us on 020 8538 2100 (9am to 1pm, Monday to Friday). 5 billion of its pension schemes’ assetsAPS is administered by a Corporate Trustee (Airways Pension Scheme Trustee Ltd), made up of eight Trustee Directors. 20 x £6,000 p. The lump sum is broadly the difference between benefits you have received, if any, and your contributions plus interest. FAQs. 8. mybapension. mybapension. Glossary. mybapension. a. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). mybapension. mybapension. We would like to show you a description here but the site won’t allow us. We will provide you with a statement each year. indd 2 22/08/23 3:43 PMUsing a Chrome or Edge browser, navigate to the MyPBA homepage screen and then click on the “My 1099 form (s)” icon. Telephone: 020 8538 2100 (Monday to Friday 9am – 1pm) British Airways Pensions. State Pension age is now equal for men and women (and gradually rising to 68 for people born after 6 April 1970), but the ages that GMPs apply from have not changed. Claer Barrett,. From then on your pension will be paid at the end of every month into your chosen bank or building society account. My children get. 17 March 2023. Your BA pension is only part of the income you will receive on retirement. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). We provide a pay slip with your first pension payment. The LTA is currently c£1. mybapension. In addition to the contributions shown above, members who are under State Pension Age pay 3. For some of these life changes, you may need to reconsider what you are paying into your BA pension. It is likely that you have questions about your British Airways pension benefits. 56% interest. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). or the Trustee at the following address: British Airways Pensions. If you leave your pension with BA it is called a deferred pension. If you die whilst an active member of the Scheme - the allowance is calculated as one-sixth of the basic pension you would have received for the years, months and days that you have been in the Scheme plus half the time remaining between the date of your death and. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Attention! Your ePaper is waiting for publication! By publishing your document, the content will be optimally indexed by Google via AI and sorted into the right category for over 500 million ePaper readers on YUMPU. Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. MND Neil Blackburn’s term came to an end on 30 September 2021. In other words, if you choose to draw your pension on or after 1 October 2023, you will need to exchange less of your pension when taking a tax-free lump sum. · For most members, the allowable tax-free lump sum you can take across all your pension benefits, from APS and elsewhere, is capped at one quarter of the current LTA amounting to £268,275. The informant will need your pension reference number when calling the team. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Deferred members. Carry on paying into your BA pension. Your first. You have choices to pay more and also have security for your family and in case you fall ill before retirement. Normal Retirement Age is usually age 55 for Flying Staff and age 60 for Ground Staff. From State Pension Age you will also receive a pension from the Government if you have paid sufficient National Insurance Contributions over your working lifetime. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). When you start. You cannot give or 'assign' your benefits. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Keep aside the APS pension that has built up for your Pensionable Service in your old occupation. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. mybapension. This can be paid at, or after Normal Retirement Age, or you can choose to draw a reduced pension from the age of 50 or even earlier if you become too ill to work. Mixed Portfolio fund (MPF) The MPF is like a unit trust fund, which means your investment is used to buy units of (mainly UK and overseas) stocks and shares. Avoiding scams. You can exchange part of your pension for a tax-free lump sum when you take your benefits. Four Trustee Directors are elected by APS members and pensioners as Member Nominated Directors. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Close. What you get from NAPS will depend on your Qualifying service (the period of time you paid contributions to the Scheme), adjusted for any changes in your BA occupations prior to 31/3/07 (such as a move from Flying Staff to Ground Staff), plus any service you transferred into the Scheme. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. mybapension. Global Vote Activity for the year to 31 March 2018. com. =. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. This can be found at the top of any personal communications we have sent to you. Simply sign in to My Account to find all your pension information in one place. Scheme increases in NAPS are generally in line with the Government’s yearly Pensions Increase (Review) Orders (PIRO), up to a maximum of 5% in any year. 1/67. your preferences in relation to your pension benefits, including any elections you may make online through mybapension online; and. PO Box 2074. Login to Mybapension Online to use the online pension modeller to view your pension and lump sum options at different retirement ages. The monthly contribution you make includes a 1. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. Pensions. Close. The standard Annual Allowance is currently £60,000 a year.