Employment News

  • BT Pension Scheme Commutation Factors 2012

    Following the completion of the 2011 actuarial valuation earlier this year the Trustee of the BT Pension Scheme (BTPS) has now completed a review of actuarial factors used to administer the Scheme. These include commutation rates, early and late retirement factors, transfer values, pension increase conversion factors etc.

  • BT Pensions – Auto Enrolment

    To help people save more for their retirement, the Government now requires employers to enrol their eligible workers into a workplace pension scheme. From 1 November 2012, BT, BT Fleet and BTMSL have a legal duty to ensure that all eligible employees are put into a pension scheme that meets the Government's standards as a qualifying workplace pension scheme.