BT Pensions
The CWU is committed to protecting and
where possible improving the BT occupational pensions and
negotiates with BT on a range of pension issues. The latest BT
pension news is available in the members' only section of this
site.
The CWU National Officer responsible for BT pensions is Nigel Cotgrove who can be contacted via sdeacons@cwu.org or 020 8971 7289.
BT has two main pension schemes as outlined below.
BT PENSION SCHEME
The BT Pensions Scheme is a final salary or defined benefit pension. It is the biggest private sector scheme in the UK with assets of £37 billion and a membership of around 330,000 in 2010.
The Scheme was closed to new members in March 2001 and is divided up into different sections depending on individual joining dates.
Details of the Scheme benefits and other documentation are available on http://www.btpensions.net/.
BT RETIREMENT SAVING SCHEME
The BT Retirement Saving Scheme (BTRSS) is a money purchase or defined contribution pension and is open to new joiners. Under the terms of the BTRSS BT will contribute between 5% and 9% of salary depending on the level of member contributions.
Further details of the BTRSS can be found via the following link. http://www.btretirementsavingscheme.com/
PENSION ENQUIRIES
If you have any enquiries about your individual BT pension in the first instance you should contact the relevant pension administrator.
BTPS: The BTPS administrator is Accenture HR Services and can be contacted one of the following numbers:
BT Employee 0800 731 4747
Non Employee 0800 731 1919
Resident Abroad +44(0)1908 358661
Alternatively Accenture can be contacted on the following e-mail address: Peopleline.pensions@accenture.com
BTRSS: The BTRSS provider is Standard Life who can be contacted on 0800 066 5432 or by post to: Standard Life Assurance Limited, Standard Life House, 30 Lothian Road, Edinburgh. EH1 2DH
If subsequently you have any problems regarding your pension, then you should then contact your local CWU Branch.
