Solitaire Rules The different piles. mybapension. British Airways Pensions Services. or the Trustee at the following address: 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). This allowable tax-free lump sum limit will. To obtain these two codes please ring 0371 384 2682, or +44. The PSTR number is 00306884RH. Telephone: 020 8538 2100 (Monday to Friday 9am – 1pm) British Airways Pensions. Or, if you take a tax-free lump. 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. If you plan to work beyond your Normal Retirement Age, you will automatically continue paying contributions to the Scheme. Carry on paying into your BA pension. 5m (IP2014). Divided by build-up rate. Close. 4 billion in an insurance policy with Legal & General Assurancemybapension. 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 this, we will add late-retirement increases to your pension to compensate you for the delay in payment. Before you change occupations you have two choices. g. 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). 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). The standard Scheme contributions were 8. Mybapension. 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. The LTA is currently c£1. 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). The Annual Allowance (AA) is the maximum amount by which your pension savings, including any AVCs, can increase in any year without incurring a tax charge. Pensioner hub. Please quote your pension number (which is the same as your old BA staff number) in all correspondence. Liverpool. · 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. 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 would like to show you a description here but the site won’t allow us. If you plan to work beyond your Normal Retirement Age, you will automatically continue paying contributions to the Scheme. mybapension. With BA pensions, you have a good basic package but you can improve it by saving more. Once we have received your final pension contributions to NAPS, any Additional Voluntary Contributions (AVCs) and confirmation of the transitional option you have chosen, we’ll work out your. NAPS closure – latest news. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. 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. = £120,000. mybapension. With the appointment of a professional trustee as Chair, BA has announced that Dalriada Trustees Limited, represented by Tom Lukic, will be stepping down from the NAPS Trustee Board. = £120,000. If you leave your pension with BA it is called a deferred pension. 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. 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. British Airways (BA) has announced a change to the ENDs appointed to the New Airways Pension Scheme (NAPS) Trustee. 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. 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). PO Box 2074. mybapension. We try to answer many of them here and you will also find lots of useful information within other areas of this site. 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. How do I withdraw my BA pension? Withdrawing your British Airways (BA) pension depends on the type of pension scheme you have and your age. mybapension. mybapension. Many building societies use different banks to process BACS payments. mybapension. The Government has said that it believes that GMPs built up by men and women after 17 May 1990 should be treated equally. The Annual Allowance (AA) is the maximum amount by which your pension savings, including any AVCs, can increase in any year without incurring a tax charge. The standard Annual Allowance is currently £60,000 a year. mybapension. We offer three AVC investment funds: The Equity Biased Fund (EBF) The Short-dated Gilts Fund (SGF) The Mixed Portfolio Fund (MPF) You can divide your AVCs between any of these funds. . Members of APS. 17. 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). Deferred members. Write to us at: British Airways Pensions. If you are receiving a single pension entitlement. 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). L69 2YL. If your NAPS membership ended after 31 March 2007 you will be entitled to a pension for pre 2007 service and a pension for post 2007 service. The Trust Deed and Rules provide that, of the eight. 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. All new employees since April 2012 have had access to a Defined Contribution (DC) pension scheme. mybapension. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. The AA for your defined benefit (DB) pension savings, such as your APS pension, will also be reduced to £50,000. mybapension. 7 months full-time = 7 months. Vraag uw pensioen aan. 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). 25% ( Ground Staff) or 8. You can also view your yearly deferred pension statements if you usually receive these. 50%. Currently AVCs can be taken as part of the maximum tax-free lump sum of up to 25% of the available Lifetime Allowance. 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). mybapension. Your BA pension is only part of the income you will receive on retirement. 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. Your contributions are deducted automatically from your monthly. *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. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. 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). 00%. The Government increased the minimum age for early retirement to age 55 from April 2010. 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). 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. It is likely that you have questions about your British Airways pension benefits. 1. 24 March 2023. com is for staff who joined British. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. Liverpool. This allowable tax-free lump sum limit will. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. Then click on the blue “Show selected tax forms” button to download your PDF tax. BA Pensions service update. Or you can draw your whole BAMPS Account as an Uncrystallised Funds Pension. or the Trustee at the following address: British Airways Pensions. 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. Members who expected their benefits at retirement to be more than £1. mybapension. 17. Your total pay within a band set by the Government each year, currently between £6,136 and £50,000. The GMP is paid as part of your APS pension once you reach your GMP age. mybapension. mybapension. When you leave BA you can leave your pension in APS or transfer it elsewhere. British Airways appoints six of the Trustee Directors as Employer Nominated Directors (ENDs). 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 value of your BA benefits to compare against the LTA is worked out as 20 times your annual rate of pension plus any AVCs. 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. Get a pension estimate instantly. The first payment is made at the end of the month after the month you retire. com is for staff. Changes to public sector pension schemes. 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. Alternatively, contact BA Pensions for a provisional quote at any time. Our telephone service is currently available between 9am and 1pm, Monday to Friday. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme. 07m and will still apply in most cases if you draw a pension before 6 April 2023 . You have choices to pay more and also have security for your family and in case you fall ill before retirement. com is for staff. If there are questions about your benefits that you would like to see answered on this site please let us know. Pre-retirement seminars are open to current and former employees who are interested in retirement planning. BA Pensions service update. 56% interest. The Airways Pension Scheme (APS) is an occupational final salary scheme. The Scheme is still required to add inflationary increases - up to the. mybapension. The GMP is paid as part of your APS pension once you reach your GMP age. BA Pensions have announced today that the scheme rises for APS will be 12. 17. You can retire and draw a reduced pension before your Normal Retirement Age - from age 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). 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. 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). mybapension. New retirement and transfer value factors are in full. All Staff – Plan 65. Protections are available and further information is. At Normal Retirement Age. Please quote your pension number (which is the same as your old BA staff number) in all correspondence. mybapension. Then divide this by the current LTA and multiply by 100 to work out the percentage of your LTA you have. 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. Looking for old news? mybapension. After that we will only provide a pay slip if the amount you will receive changes by more than £0. January 2020. Visit the Scheme documents page to view the annual report and financial statements for the year ending 31 March 2021. mybapension. NAPS is administered by a Corporate Trustee (New Airways Pension Scheme Trustee Ltd), made up of twelve Trustee Directors. Employer Nominated Directors (ENDs) are appointed by BA, and Member. There are two types of trustee directors. Telephone +44 (0) 203 691 3215. 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. Contact Aviva directly on 0345 030 7964. Your scheme administrator should be the first point of. 99. 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. Welfare, Social & Benefits. This form is now available as an online form, which you can submit directly to the Pensions team. 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. 6%. For others, such as becoming too. Cost of living support. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. Ontdek hoe eenvoudig het is in onze tutorial! Check uw pensioendatum. Scheme increases in NAPS are generally in line with the Government’s yearly Pensions Increase (Review) Orders (PIRO), up to a maximum of 5% in any year. 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. 50%. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. Our Absent Friends page includes details of former colleagues who have recently died. PO Box 2074. 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. a. The monthly contribution you make includes a 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). mybapension. When I die. The informant will need your pension reference number when calling the team. mybapension. mybapension. Annual Report on the Socially Responsible Investment Programme for the year to 31 March 2018. Liverpool. 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. 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. If you leave your pension with BA it is called a deferred pension. After that we will only provide a pay slip if the amount you will receive changes by more than £0. mybapension. 4 billion). 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). yearly pension at Normal Retirement Age. 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). 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. If you no longer have this, please call the Pensions Team on 020 8538 2100 (9am to 1pm, Monday-Friday). Paying the NAPS transitional option into the new scheme. 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 '. 65 billion (2018: £2. put you in control of your financial future and planning. If you have a deferred pension in NAPS, this is due to be paid from your Normal Retirement Age (NRA) ( Plan 60 or Plan 65 ). If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. 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). 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. com. You can switch from one of the funds to another on the 1st day of any month. You can contact us at any time from age 55 if you wish to draw a reduced pension. Deferred members. You will then need to register and confirm your details. 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. Employee Self Service - Login; Select login type; BSAFEYou can find information about your pension online – anytime, anywhere. 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). 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). PO Box 2074. This can be found at the top of any personal communications we have sent to you. 75%. Or please use our online ‘ contact us ’ form to get in touch with us. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. Or please use our online ‘ contact us ’ form to get in touch with 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). The Scheme is a Registered Pension Scheme approved under Chapter 2 of the Finance Act 2004. 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. 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. NAPS amendments to Trust Deeds since June 2019. However, this will vary according to your age when. What I get from my AVC account. mybapension. This is a form of LTA Protection. Mixed Portfolio fund (MPF) The MPF is like a unit trust fund, which means your investment is used to buy units of (mainly UK and overseas) stocks and shares. 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. After that we will only provide a pay slip if the amount you will receive changes by more than £0. 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 who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). From then on your pension will be paid at the end of every month into your chosen bank or building society account. 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). 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). AVC funds. Visit the Scheme documents page to view the annual report and financial statements for the year ending 31 March 2021. 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). 5%. your preferences in relation to your pension benefits, including any elections you may make online through mybapension online; and. Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. This brings the total 2023 pension increase for eligible pensions to 12. 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. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. 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. mybapension. 15 March 2018. mybapension. mybapension. 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. 22. You will also need your Member Number, a Registration Code and Personal Identification Code. We must receive your written instruction by the 20th of the month for the. 1% of Band Earnings. This can be paid at, or after, your 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. 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' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Email (Outlook Web App OWA) > Your ESS ApplicationsBA Pensions manages specialist teams dedicated to pensions and financial services. 15bn in deferred contributions into the scheme between April 2018 and March 2020. 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. mybapension. The APS Discretionary Increase Settlement makes provision for payment of a Discretionary Increase in 2020 of 75% of the gap between RPI and the Government’s PIRO increase for 2020 (The PIRO increase is expected to be 1. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. My Account is key to. The two conditions are applied in order and, if neither condition is met, any statutory right you may have to transfer is. If you are currently paying lower contributions to build your pension up at the lower rate of 1/83, this portion of your pension will be calculated using the 1/83 build-up rate. The seminars are currently being provided exclusively online, by webinar. NAPS 31 March 2018 Funding Valuation. The first payment is made at the end of the month after the month you retire. MND Neil Blackburn’s term came to an end on 30 September 2021. mybapension. Search APS: mybapension online. L69 2YL. The lump sum does not have to be paid to your spouse, partner or surviving dependant. Address changes can also be accepted in writing with a signature (our address is on the Contact us page). com is for staff who joined British Airways before 1 April 2003 and are members of British Airways'. The New Airways Pension Scheme (NAPS) is an occupational final salary scheme. Information Information about the Scheme, pension guidance, and accessing your pension details. The first is a final salary NAPS (New Airways Pension Scheme) that I contributed to. 1 per cent of its expected liabilities, even though British Airways paid £1. 24 March 2023. 00%. com is for staff who joined British Airways before 1 April 2003 and are. 5%. Alternatively, contact BA Pensions for a provisional quote at any time. You can choose to take up to 25% of your pension savings as a tax-free lump sum, with. You can. That’s why we’ve created another way to access MyPBA through Login. Members of earlier parts of the Airways Pension Scheme (Parts 1 – 5) should contact BA pensions with any specific. The Corporate Trustee. The lump sum is free of inheritance tax. Liverpool. I will work beyond Normal Retirement Age. The lump sum is broadly the difference between benefits you have received, if any, and your contributions plus interest. 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. 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). More about defined contribution schemes. mybapension. 19. 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. Telephone +44 (0) 203 691 3215. I left before 1 April 2007. Login to Mybapension Online to use the online pension modeller to view your pension and lump sum options at different retirement ages. Address changes can also be accepted in writing with a signature (our address is on the Contact us page). mybapension. Close. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New. com. The full Trustee Board meets at least four times a year, and the sub-committees also convene regularly during the year. 2. To arrange an additional dependant's pension, you must contact BA Pensions before your pension starts. Scheme information. 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. Our 2021 Annual Report and Financial Statements now available. 25% Ground Staff. mybapension. com is for staff who joined British Airways before 1 April 2003 and are. Our Absent Friends page includes details of former colleagues who have recently died. If you need to report the death of a loved one, we also. 25m could apply for the value of their pension benefits on 5 April 2014 to be protected up to a maximum value of £1. 5. 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). You get automatic tax relief at your highest tax rate. L69 2YL. If you leave your pension in APS it is called a deferred pension. =. 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. Scheme documents. Changes to my life. If you elected to stop paying contributions and. 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). The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested.