The Changes
Following the employee consultation and union ballot, BT has confirmed the changes to it's UK pension arrangements that will be made from April 2009.
The following materials have also been sent to scheme members by post:
BT Pension Scheme - changes and options
Letter to scheme members from Alex Wilson.
Booklet explaining the changes and options in detail.
Additional information for Section A members.
Fact sheet for Section B and C members on additional benefit flexibility options.
Fact sheet - Comparison of Section A and B terms
Option form - Section A members: Election to move to Section B by 31 March 2009.
Option form - Additional benefit flexibility for Section B members.
Option form - Additional benefit flexibility for Section C members.
Notice of intention to vary the contracting-out certificate for the BTPS.
Use the online modeller to see how the changes broadly affect you.
BT Retirement Plan (BTRP) and Syntegra Limited Flexible Pension Plan (SLFPP)
Letter to scheme members from Alex Wilson.
Booklet explaining the changes and options in detail.
BT Retirement Savings Scheme (BTRSS)
Booklet explaining the structure of the new scheme
Booklet explaining the investment choices
Key Facts about the BTRSS
Scheme website