Mybapension. 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. FAQs. 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. 6%. It is the member’s responsibility to assess whether they are affected by the tapered AA and to calculate the amount of their reduced AA. 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. When I die. 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. May 24, 2018. 1% of Band Earnings . 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 articles confirm that the increases that will be applied to pensions from 10th April 2023. mybapension. If you leave your pension in APS it is called a deferred pension. The informant will need your pension reference number when calling the team. AVC funds. The Orders currently reflect. Welfare, Social & Benefits. This takes you to a page featuring “My Plans. L69 2YL. 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). mybapension. The investment objective for the MPF is reviewed. Insurance · United Kingdom · <25 Employees. 50% (Flying Staff) of your Pensionable Pay. Avoiding scams. mybapension. · 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. 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. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. 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. The two conditions are applied in order and, if neither condition is met, any statutory right you may have to transfer is. Address changes can also be accepted in writing with a signature (our address is on the Contact us page). The Scheme Rules provide for full pension increases to be paid up until age 65 (men) or age 60 (women) on any GMP. This is provided by the Mercer Master Trust and is called the MMT – BAE Systems Retirement Savings Plan and is administered by Scottish Widows. 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. The number of meetings varies from year to year – in some years Trustee Directors could attend an average of 20 meetings. 1 per cent of its expected liabilities, even though British Airways paid £1. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. Liverpool. You can access your pension statements, modeller, payslips and more online. 5% Flying Staff. L69 2YL. You may need to check with your building society for the correct details to provide. The Trust Deed and Rules provide that, of the eight. 8 Castle Street. mybapension. The contains definitions of all the technical terms used on this website. January 2020. The settlement also includes an intention, subject to an affordability test, for Discretionary Increases to be made from. mybapension. com. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. If you do this, we will add late-retirement increases to your pension to compensate you for the delay in payment. In APS, you pay a standard rate of 7. 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. 1. What BA pays. Yes No. 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 need to report the death of a loved one, we also. Trust Deed and Rules. If you do this, we will add late-retirement increases to your pension to compensate you for the delay in payment. If you have a defined contribution pension scheme, you can usually access your pension savings from age 55. 1/67. 8 Castle Street. 1/75. 20 x £6,000 p. British Airways Pensions Services. You can find more information about the MPAA on the HMRC website. | BA Pensions manages specialist teams dedicated to pensions and financial services. You pay a standard rate of 7. If you leave your pension with BA it is called a deferred pension. com. You can take your benefits any time from age 55 if you wish. mybapension. PO Box 2074. BA Pensions service update. Login to MyPension. To obtain these two codes please ring 0371 384 2682, or +44. 25m could apply for the value of their pension benefits on 5 April 2014 to be protected up to a maximum value of £1. 1. Member hub. The first payment is made at the end of the month after the month you retire. mybapension. I'm leaving BA. Assets held by Naps covered only 87. 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'. You will then need to register and confirm your details. 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. com is for staff who joined British Airways before 1 April 2003 and are. The investment objective for the MPF is reviewed. 17. or the Trustee at the following address: British Airways Pensions. Scheme updates. You then have a further opportunity to make a transfer of any remainingContact us at: Send a message via ' Contact us '. There are four different types of piles in Solitaire. The PSTR number is 00306884RH. The GMP is paid as part of your APS pension once you reach your GMP age. 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. mybapension. 7 months full-time = 7 months. However, APS members who leave British Airways and draw all their 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). Your BA pension is only part of the income you will receive on retirement. You can also view your yearly deferred pension statements if you usually receive these. 1/60. In addition to the contributions shown above, members who are under State Pension Age pay 3. The Government increased the minimum age for early retirement to age 55 from April 2010. There are two options within NAPS final salary – Plan 65 and Plan 60 for service after 1 April 2007. 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. We may also hold and process some special categories or "sensitive. Our Absent Friends page includes details of former colleagues who have recently died. mybapension. or the Trustee at the following address: British Airways Pensions. You can switch from one of the funds to another on the 1st day of any month. The standard build-up rate in NAPS Plan 60 was 1/75. Pre-retirement Courses. The extra service after Normal Retirement Age for which you pay contributions, plus any increases to Pensionable Pay you receive after Normal Retirement Age, will be included in your. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. mybapension. A lump sum may be paid if no Adult Survivor’s pension is payable. Or please use our online ‘ contact us ’ form to get in touch with us. The Glossary contains definitions of all the technical terms used on this website. NAPS is managed by a Corporate Trustee (New Airways Pension Scheme Trustee Ltd), made up of twelve Trustee Directors. If you are currently under State Pension Age you can choose to build your pension at a slower rate of 1/83 for future service. 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. 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. 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. To book a place, contact Vanessa Rowley or Kasia Ambrose on 020 3691 3215 or email: membership@ba. Please complete the United Kingdom payment instruction form for all payments within the UK. Contact Aviva directly on 0345 030 7964. Employer Nominated Directors (ENDs) are appointed by BA, and Member Nominated Directors (MNDs) are elected by members and pensioners. 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 leave British Airways ( BA) or if you opt out of the pension Scheme, you will usually be entitled to a deferred pension due to be paid from your Normal Retirement Age . com is for staff. Many building societies use different banks to process BACS payments. mybapension. BA has confirmed that Ian. 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). Can I draw my deferred pension early? 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). 07m and will still apply in most cases if you draw a pension before 6 April 2023 . The Scheme is still required to add inflationary increases - up to the. mybapension. mybapension. If you would like us to publish an obituary or eulogy for a former colleague, please send it to us. BA Pensions Service Updates. Protect your Information : If you are not using a BA PC please read this advice on how to Delete Temporary Files. 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). General scheme information. 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). Simply sign in to My Account to find all your pension information in one place. The informant will need your pension reference number when calling the team. 17. We’ve made improvements to myPension – your online pension tool. mybapension. If you plan to work beyond your Normal Retirement Age, you will automatically continue paying contributions to the Scheme. If there are questions about your benefits that you would like to see answered on this site please let us know. 1% of Band Earnings. Your deferred pension is worked out at date of leaving as a percentage of your salary, based on the years, months and days that you've been a member of the Scheme (your Pensionable Service ). Scheme information. If you no longer have access to this email address please contact the Pensions Team on 0208 5382100 for assistance. mybapension. If you choose to have your lump sum paid into your account in the British Airways Pension Plan (BAPP) this will not affect the NAPS benefits you have built up to 31 March 2018. If you are receiving a single pension entitlement. 5% payment for an Adult Survivor's pension on your death. mybapension. mybapension. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. com is for staff who joined British. Increases in NAPS are limited to a maximum of 5% per year. mybapension. Cost of living support. If you have registered for online communications, you can update your UK bank details online at If you prefer to send your new details by post, please complete the United Kingdom payment instruction form for all payments within the UK. The monthly contribution you make includes a 1. These may have different NRA's; however, they must be treated. 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). mybapension. On this page are details of former colleagues who have recently passed away. 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). 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. Deferred members. 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. This can be found at the top of any personal communications we have sent to you. You can also view your personal benefit 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). 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 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. Since 6 April 2016, if you are under State Pension Age you also pay 3. Looking for old news? mybapension. Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. 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). Claer Barrett,. Normal Retirement Age is usually age 55 for Flying Staff and age 60 for Ground Staff. Paying the NAPS transitional option into the new scheme. For some of these life changes, you may need to reconsider what you are paying into your BA pension. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. 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 are in Plan 65, half the potential. 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. This can be found at the top of any personal communications we have sent 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). BA Pensions have announced today that the scheme rises for APS will be 12. mybapension. 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 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. MND Neil Blackburn’s term came to an end on 30 September 2021. of the Balfour Beatty Pension Fund (BBPF) To access information about your pension benefits. Our 2021 Annual Report and Financial Statements now available. PO Box 2074. 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. 1% of the Band Earnings. 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 New Airways Pension Scheme (NAPS) is an occupational final salary scheme. The tapered AA. The LTA is currently c£1. If there are questions about your benefits that you would like to see answered on this site please let us know. 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). mybapension. mybapension. 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. Your total pay within a band set by the Government each year, currently between £6,136 and £50,000. I left before 1 April 2007. 5 billion of its pension schemes’ assetsAPS is administered by a Corporate Trustee (Airways Pension Scheme Trustee Ltd), made up of eight Trustee 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). 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. PO Box 2074. ’ page of our website, 1. The New Airways Pension Scheme ( NAPS) – is a final salary scheme administered by ( British Airways Pension Services Ltd (BAPSL) ). Retiring Pay - this is usually the average of your pensionable pay over the last two years (or three years in APS Part 5) of pensionable service. APS is administered by a Corporate Trustee (Airways Pension Scheme Trustee Ltd), made up of eight Trustee Directors. For others, such as becoming too. mybapension. You get automatic tax relief at your highest tax rate. mybapension. This brings the total 2023 pension increase for eligible pensions to 12. The Government raised the. Send a message via ' Contact 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). Alternatively, the informant can fill in our ' Death notification. My Account is key to. 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. My children get. 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). 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. Liverpool. This allowable tax-free lump sum limit will. 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. Normal Retirement Age is usually age 55 for Flying Staff and age 60 for Ground Staff. *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. mybapension. This can be found at the top of any personal communications we have sent to you. The Trustee will continue to provide AA statements for members whose pension input amount exceeds the standard £60,000 AA. mybapension. The first is a final salary NAPS (New Airways Pension Scheme) that I contributed to. All Staff – Plan 65. You can register for online communications at any time by clicking the 'Register' button, then following the on-screen instructions. You should give this option careful consideration as opting out means you will be giving up valuable pension scheme 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). = £120,000. 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). Pension Fund (BBPF) (DC Section) Welcome to the website for the DC Section. 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. Liverpool. mybapension. Liverpool. Alternatively, contact BA Pensions for a provisional quote at any time. Looking for old news? mybapension. Alternatively, the informant can fill in our ' Death notification. The informant will need your pension reference number when calling the team. 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. 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. Click here to read the most recent obituaries. The lump sum is broadly the difference between benefits you have received, if any, and your contributions plus interest. 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. Throughout your time at BA your circumstances may change. Solitaire Rules The different piles. Your Pre 2007 basic pension. 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. The Government gives. mybapension. British Airways (BA) has announced a change to the ENDs appointed to the New Airways Pension Scheme (NAPS) Trustee. 2. 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. mybapension. The tax charge for the Lifetime Allowance (LTA) was removed from April 2023. . Absent Friends Supplied by British Airway PensionsThe government gives. Members who expected their benefits at retirement to be more than £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). 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). 19. 22. 17. mybapension. The Lifetime Allowance (LTA) The lifetime allowance (LTA) is £1,073,100 from April 2020. Then start a separate pension in. The term of office for a Trustee Director is for a period of between five and five-and-a-half years. mybapension. 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. After that we will only provide a pay slip if the amount you will receive changes by more than £0. If there are questions about your benefits that you would like to see answered on this site please let us know. Percentage of Pensionable Pay that you pay. The LTA is currently c£1. 4 billion in an insurance policy with Legal & General Assurancemybapension. 50%. 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 will work beyond Normal Retirement 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). If you do not have a user ID, you can request one from your NHS Pensions contact. Carry on paying into your BA pension. Scheme documents. mybapension. 22. 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). 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. Your pension will increase each year in line with the rate specified within the Government’s Pension Increase (Review) Orders issued by HM Treasury. The full Trustee Board meets at least four times a year, and the sub-committees also convene regularly during the year. mybapension. October 2019. The first payment is made at the end of the month after the month you retire. If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. 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. com is a site for staff who joined British Airways before 1 April 2003 and are members of the Airways Pension Scheme (APS) or the New Airways Pension Scheme (NAPS). 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. gov. 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. 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. At a glance. 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. 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. 5 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. 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. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. We will provide full details of the payments and individual statements to all eligible members when payment is made in December. 75%. 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). mybapension. Then divide this by the current LTA and multiply by 100 to work out the percentage of your LTA you have. When you are approaching your Normal Retirement Age, we will write to you with full details of your pension benefits and your options relating to your pension about four months beforehand. 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. If you haven’t used this site before, please use the details provided to you in your welcome pack. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme. Manage your beneficiaries. If you are a small or medium-sized business and would like to earn your company points when your employees travel. The lump sum does not have to be paid to your spouse, partner or surviving dependant. Your Scheme 's actuary will work out the increases, and we will add them instead of normal Scheme increases. British Airways Pensions has today announced the appointment of BlackRock as the outsourced chief investment officer (OCIO) for c. 25% (Ground Staff) or 8. Total Reward Statement Portal. 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 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 50 if your pension does not include a Guaranteed Minimum Pension (GMP) entitlement. Before you change occupations you have two choices. mybapension. 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. Under BAMPS, you can take 25% of your fund as a tax-free cash lump sum and use the remaining balance to buy a pension from NAPS or an insurance company using the money that has built up in your individual retirement account to this earlier retirement date. You cannot give or 'assign' your benefits. Keep aside the APS pension that has built up for your Pensionable Service in your old occupation. mybapension. It is likely that you have questions about your British Airways pension benefits. 1% of Band Earnings. Alternatively, contact BA Pensions for a provisional quote at any time.