This limit is called the Annual Allowance (AA). · For most members, the allowable tax-free lump sum you can take across all your pension benefits, from NAPS and elsewhere, is capped at one quarter of the current LTA, amounting to £268,275. Mybapension. The information on this site describes the benefits and options available from Part 6 of the Airways Pension Scheme. You can retire and draw a reduced pension before your Normal Retirement Age - from age 50. The informant will need your pension reference number when calling the team. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. When you start. g. If you leave your pension with BA it is called a deferred pension. To arrange an additional dependant's pension, you must contact BA Pensions before your pension starts. 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). More about defined contribution schemes. 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. 07m and will still apply in most cases if you draw a pension before 6 April 2023 . BA Pensions have announced today that the scheme rises for APS will be 12. January 2020. Currently AVCs can be taken as part of the maximum tax-free lump sum of up to 25% of the available Lifetime Allowance , even if you started paying AVCs after 8 April 1987. 20 March 2018. Pre-retirement seminars are open to current and former employees who are interested in retirement planning. Total pensionable service = 11 months (or 91. mybapension. The lump sum is free of inheritance tax. 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). Please visit the Government’s website for the. 5% from 10 April 2023. 1 day ago · The Financial Times has convened a panel of experts to answer your questions about how the measures might have an impact on your personal finances. APS. The term of office for a Trustee Director is for a period of between five and five-and-a-half years. Send a message via ' Contact us '. £21. We try to answer many of them here and you will also find lots of useful information within other areas of this site. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. You can choose to leave your BA pension Scheme (known as opting out) at any time before you leave employment with British Airways. 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 further. Please quote your pension number (which is the same as your old BA staff number) in all correspondence. Payment of any Discretionary Increase and/or backdated payments may affect your entitlement to Pensions Credit. 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. That’s why we’ve created another way to access MyPBA through Login. Or please use our online ‘ contact us ’ form to get in touch with us. The full Trustee Board meets at least four times a year, and the sub-committees also convene regularly during the year. The two conditions are applied in order and, if neither condition is met, any statutory right you may have to transfer is. You then have a further opportunity to make a transfer of any remainingContact us at: Send a message via ' Contact us '. 5% Flying Staff. You may need to check with your building society for the correct details to provide. If you plan to work beyond your Normal Retirement Age you will automatically continue paying contributions to the Scheme. Defined Contribution Members. The Scheme is a Registered Pension Scheme approved under Chapter 2 of the Finance Act 2004. The informant will need your pension reference number when calling the team. mybapension. After that we will only provide a pay slip if the amount you will receive changes by more than £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 Airways Pension Scheme (NAPS). Former BA Staff Absent Friends. Your deferred pension is worked out using a standard formula: Retiring Pay x pensionable service. g. 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. Ontdek hoe eenvoudig het is in onze tutorial! Check uw pensioendatum. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme Test until 5. The first payment is made at the end of the month after the month you retire. mybapension. mybapension. mybapension. 56% interest. mybapension. 5% from 10 April 2023. 25m could apply for the value of their pension benefits on 5 April 2014 to be protected up to a maximum value of £1. mybapension. mybapension. 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 Post 2007 service pension is a percentage of your pay at retirement for service you have completed after 1 April 2007 in either Plan 60 or Plan 65. Message from the NAPS Trustee - Rule amendments for the closure of the New Airways Pension Scheme (NAPS) to future pension build-up. You can read the full report here. On this page are details of former colleagues who have recently passed away. Alternatively, the informant can fill in our ' Death notification. They are: The Stock: The pile of facedown cards in the upper left corner. Pre-retirement seminars are open to current and former employees who are interested in retirement planning. The informant will need your pension reference number when calling the team. Vraag uw pensioen aan. 17 March 2023. When I die. · 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 standard Scheme contributions were 8. The tax charge for the Lifetime Allowance (LTA) was removed from April 2023. This can be found at the top of any personal communications we have sent to you. com. mybapension. Simply sign in to My Account to find all your pension information in one place. Then start a separate pension in. mybapension. 1/60. Once you reach age 65 (men) or age 60 (women) the Scheme is no longer responsible for increasing the amount of GMP built up to 5 April 1988 and is only responsible for any increases due up to 3% a year on the GMP built up since 5. Then click on the blue “Show selected tax forms” button to download your PDF tax. British Airways Pension Plan (BAPP) BA introduced BAPP for its existing employees on 1 April 2018. Hover over or click on the individual bars to see the interest rate for each specific month: For example, if you had an EBF balance of £1,000 on 1 April and the total monthly rate for each of the following 12 months was 0. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. mybapension. After that we will only provide a pay slip if the amount you will receive changes by more than £0. From 6 April 2016 members under State Pension Age, who have not selected the 1/54 (Flying Staff) or 1/58 (Ground Staff) pension build-up rate, pay an additional pension contribution of 3. 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. Write to us at: British Airways Pensions. 1/67. mybapension. You can choose to take up to 25% of your pension savings as a tax-free lump sum, with. 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). If you haven’t used this site before, please use the details provided to you in your welcome pack. The lump sum does not have to be paid to your spouse, partner or surviving dependant. If there are questions about your benefits that you would like to see answered on this site please let us know. Our Absent Friends page includes details of former colleagues who have recently died. 20 x £6,000 p. Your reference number: Your password: Forgotten your password? Having problems logging in? How to login How to Login Close Welfare, Social & Benefits. mybapension. What you get at 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). Cost of living support. 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). L69 2YL. Details of all charges that apply to your scheme, your Trustees' assessment of value for money, and your Trustees' investment governance activity are shown in. The contains definitions of all the technical terms used on this website. We provide a pay slip with your first pension payment. The GMP is paid as part of your NAPS pension once you reach your GMP age. Manage your beneficiaries. However, APS members who leave British Airways and draw all their pension. Your total pay within a band set by the Government each year, currently between £6,136 and £50,000. mybapension. 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. 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 can be found at the top of any personal communications we have sent to you. Frequently asked questions (FAQs) on the COVID-19 (Coronavirus) outbreak - 20 March 2020. 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). 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. The standard Annual Allowance is currently £60,000 a year. L69 2YL. PO Box 2074. Solitaire Rules The different piles. NAPS is managed by a Corporate Trustee (New Airways Pension Scheme Trustee Ltd), made up of twelve Trustee Directors. mybapension. The maximum amount of AVCs (normal AVCs, SmartAVCs, lump sum AVCs or a combination) you can save in the BA AVC funds is 50% of your Gross taxable pay. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. Tom Ridge signed a law that expanded pensions for those employees by 25% — and even more for state lawmakers. Your basic pension = (your Pensionable Service x your Retiring Pay) divided by 52 build-up rate ( Flying Staff) or by 56 build-up rate (Ground Staff). The standard build-up rate in NAPS Plan 60 was 1/75. 24 March 2023. This allowable tax-free lump sum limit will. For example, if you work on a TPT basis for five months, working 80% of your normal, full-time hours, and then return to full-time working for the next seven months, your pensionable service for the year would be: 5 months x 80% = 4 months. 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). If you are currently under State Pension Age you can choose to build your pension at a slower rate of 1/54 (Flying Staff) or 1/58 (Ground Staff) for future service. The GMP is paid as part of your APS pension once you reach your GMP age. From then on your pension will be paid at the end of every month into your chosen bank or building society account. 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). What you pay. Changes to my life. 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. *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. You may need to check with your building society for the correct details to provide. Download and print the. At Normal Retirement Age. 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. com is for staff who joined British. If you are receiving a single pension entitlement. 17. mybapension. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme. mybapension. It is likely that you have questions about your British Airways pension benefits. mybapension. mybapension. PO Box 2074. Pensions for state employees and teachers have been a wrench in the gears of Pennsylvania government for decades. 24 March 2023. PO Box 2074. So if your BA pension at retirement is £6,000 a year and you have an AVC balance of £5,000, the value of your pension is worked out as follows: 20 x £6,000 a year + £5,000 = £125,000. mybapension. We may also hold and process some special categories or "sensitive. marital status and relationship data, including the full name, date of birth, contact details and relationship to your proposed beneficiaries. mybapension. The Airways Pension Scheme (APS) is an occupational final salary scheme. The additional pension can be paid to a dependant other than your spouse or partner and your Dependent Children or you can use this option to increase the standard spouse or partner cover or Dependent children's cover. com is for staff who. The standard build-up rate in NAPS Plan 60 was 1/75. Aviva also offers mandatory and voluntary Scheme pays options. 25% Ground Staff. From then on your pension will be paid at the end of every month into your chosen bank or building society account. The Government raised the minimum retirement age to age 55 from 6 April 2010. 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. 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). 99. Tel: 020 8538 2100. You get automatic tax relief at your highest tax rate. Members of APS have some protection. mybapension. I'm leaving BA. If you would like us to publish an obituary or eulogy for a former colleague, please send it to us. My deferred pension. mybapension. 56% interest. All Staff – Plan 65. New retirement and transfer value factors are in full. yearly pension at Normal Retirement Age. These may have different NRA's; however, they must be treated. 1. mybapension. If you are in Plan 65, half the potential. Log in to see the personal statements and tools available to you. If I die. Looking for old news? mybapension. 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). It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. Serious ill health. mybapension. 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). Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. 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. If you leave your pension in APS it is called a deferred pension. 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). Looking for old news? mybapension. 00%. Liverpool. It is a domain having com extension. Your deferred pension does not need to be assessed against the AA unless you are a pilot who chose the three-year promotional. The Government increased the minimum age for early retirement to age 55 from April 2010. The GMP is paid as part of your APS pension once you reach your GMP age. =. 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 members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). mybapension. After considering all relevant circumstances, the Trustee has decided to award a discretionary increase of 2. Write to us at: British Airways Pensions. Deferred members. Liverpool. What BA pays. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. He was thrilled to do it, saying it was something he’d waited years to. From then on your pension will be paid at the end of every month into your chosen bank or building society account. In addition, members under State Pension Age who have not selected the 1/54 pension build-up rate (Flying Staff) or the 1/58 build-up rate (Ground Staff) pay an additional 3. mybapension. mybapension. put you in control of your financial future and planning. 1/67. You may become a parent, get married or start a committed relationship. Click here to read the most recent obituaries. Telephone: 020 8538 2100 (Monday to Friday 9am – 1pm) British Airways Pensions. Former BA Staff Absent Friends. There are four different types of piles in Solitaire. The individual statements will show the new rate of. 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). You cannot give or 'assign' your benefits to anyone else. 17 March 2023. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New. The Registration Code and the Personal Identification Code is provided by the Pension Service Centre. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. They took up their positions on 28 June 2021 and 1 October 2021 respectively, and will serve for between five and five-and-a-half years. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. I am a spouse/partner or dependent of a member of 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). Members who expected their benefits at retirement to be more than £1. 7 months full-time = 7 months. 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). The New Airways Pension Scheme (NAPS) is an occupational final salary scheme. Many building societies use different banks to process BACS payments. mybapension. NAPS factor changes from 1 April 2020. This helpline is open Monday to. 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). Write to us at: British Airways Pensions. 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). Our telephone service is currently available between 9am and 1pm, Monday to Friday. You can switch from one of the funds to another on the 1st day of any month. Contact Us Please click on the link to view the full contact details of your BAE Systems pension scheme administrator. 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). 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. mybapension. This brings the total 2023 pension increase for eligible pensions to 12. Former BA Staff Absent Friends. Visit the Scheme documents page to view the annual report and financial statements for the year ending 31 March 2021. 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. before tax is deducted) yearly rate of the pension you are currently receiving (on the date you are due to start receiving your remaining benefits) by 25. The Government’s pension arrangements differ depending on whether you reach your State. 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. Check the square box next to the plan name (s) for the 1099 (s) you want to download. mybapension. Our Absent Friends page includes details of former colleagues who have recently died. 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). Information on the British Airways Money Purchase (BAMPS) section of NAPS, which closed to active members on 1 October 2012, is available in the Deferred members area of this website. a. Key facts: You can save any amount up to 50% of your gross taxable pay. If you do not have a user ID, you can request one from your NHS Pensions contact. mybapension. 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). The Glossary contains definitions of all the technical terms used on this website. 6%. The Government raised the minimum retirement age to age 55 from 6 April 2010. 7 February 2023. 2. We would like to show you a description here but the site won’t allow us. 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). You can register for online communications at any time by clicking the ' Register ' button, then following the on-screen instructions. mybapension. 18th October 2023 saw the official ONS release of UK inflation figures for September. L69 2YL. A factor of 16 is used to work out the value of a final salary pension to compare against the AA, so this would be equivalent to a. The investment objective for the MPF is reviewed. com is for staff who joined British. This is a form of LTA Protection. This is currently paid tax-free. 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. 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). Liverpool. 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. 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 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. 1% of Band Earnings . You can exchange part of your pension for a tax-free lump sum when you take your benefits. mybapension. If you are suffering from a life threatening illness it may be possible to receive all of your pension as a tax-free lump sum (calculated on reduced terms) whilst continuing to provide a pension for your dependents should you die. British Airways Pensions has today announced the appointment of BlackRock as the outsourced chief investment officer (OCIO) for c. 5. We will normally work out and pay your deferred pension from the same day of any month on which your birthday falls, so if your birthday is 23rd August but you want to draw your pension in March, we will work out and pay your pension from 23rd March. 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 must receive your written instruction by the 20th of the month for the. Annual Report on the Socially Responsible Investment Programme for the year to 31 March 2018. Visit the Scheme documents page to view the annual report and financial statements for the year ending 31 March 2021. = £104,000. If you are suffering from a life-threatening illness it may be possible to receive all of your pension as a tax-free lump sum (calculated on reduced terms) whilst continuing to provide a pension for your dependents should you die. Key facts: You can save any amount up to 50% of your gross taxable pay. 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). Send a message via ' Contact us '. Our pension scheme provides you with a pension based on how long you have been in the Scheme and your pensionable earnings. Absent Friends Supplied by British Airway PensionsThe government gives. 4 billion in an insurance policy with Legal & General Assurancemybapension. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. January 2022 obituaries. Paying the NAPS transitional option into the new scheme. With BA pensions, you have a good basic package but you can improve it by saving more. PO Box 2074. My BA Pension - Log in to mybapension online Log in Please make sure that you've registered for online communications using the details provided in your registration letter before logging in for the first time. Our 2021 Annual Report and Financial Statements now available. 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. 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. Was this page useful? mybapension. The informant will need your pension reference number when calling the team. Liverpool. 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 move from Flying Staff to Ground Staff or vice versa your Normal Retirement Age, pension Build-up rate and pension Contribution rate will change. com is 2 decades 6 months old. This means that the value of your investment can go down as well as up depending on the performance of the stock market in future years. 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 Lifetime Allowance (LTA) The lifetime allowance (LTA) is £1,073,100 from April 2020. This site is for active, retired and deferred members of the Airways Pension Scheme ( APS ). Telephone +44 (0) 203 691 3215. 5 billion of its pension schemes’ assetsAPS is administered by a Corporate Trustee (Airways Pension Scheme Trustee Ltd), made up of eight Trustee Directors. 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. 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). 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. 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. You have choices, so decide for yourself what your. The informant will need your pension reference number when calling the team. After being made redundant by British Airways last year, I have retrained as a teacher. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme Test until 5 April 2016. 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). NAPS is administered by a Corporate Trustee (New Airways Pension Scheme Trustee Ltd), made up of twelve Trustee Directors. The soaring cost of gas, electricity, groceries and petrol – combined with global supply-chain disruptions – are increasing the current cost of living from every direction. mybapension. com. Default build-up rate. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. Your scheme administrator should be the first point of. You can. 8 Castle Street. If you've already received a user ID, you can log in using your username and password. 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). Welfare, Social & Benefits. mybapension. . The resources below can provide help and support during these challenging times. 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. May 24, 2018. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. 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). Pre-retirement Courses. 5 March 2018. Member hub. 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). In 2001, Gov.