Pension guides

This guide explains all you need to know about paying Additional Voluntary Contributions (AVCs) if you are an active member of a BAE Systems pension scheme. 

This guide provides an explanation of the retirement process, actions and timings associated with drawing your pension if you retire immediately on leaving employment.

This guide provides information about the Stepped pension option, available to some members at retirement.

This guide provides members with an explanation of the impact divorce can have on their pension.

This guide explains what happens if your pension savings over the tax year exceed the limit under which you can receive tax relief.

This guide provides members of a DB pension scheme with an explanation of the options available at retirement.

This guide provides information about how your pension may be affected if you are considering working part time.

This guide provides an explanation of the tax codes that can be applied to pensions to help you understand what yours means and what action to take if you believe your tax code is incorrect.

This guide outlines the importance of keeping your Nomination of Beneficiaries up to date, what it is and how to complete or update yours.

This guide gives DB members an understanding of the term Scheme Maximum and how it might be applied to your BAE Systems pension.

This guide provides information about how your pension may be affected if you are considering a change in your role which will involve a salary reduction.