While your BTPS pension is unique to you, there is one thing all our members can rely on - a pension for life.

Being a member of BTPS gives you a range of valuable pension benefits to help you plan and provide for your future. What they are worth is based on how long you worked for BT and how much you earned.

When you decide you want to take your pension, you will usually receive:

  • a pension for the rest of your life,
  • a tax-free lump sum,
  • a pension for life for your husband, wife or civil partner if you were to die.

Depending on when you were at BT, you’ll be in Section A, B or C of BTPS. Your pension and your choices will vary depending on the section you’re in. Find out more in Your membership.

Pension calculator

The best way to find out what your BTPS pension will give you is to use our Pension Calculator. Run a personalised pension quote to see all your options. Change the date you want your pension to start to see the impact of taking it early. Vary your tax-free lump sum to see how it affects your annual pension. Register and log in from our homepage using the button below.


Peace of mind

We are a defined benefit pension, or DB, scheme. We’re also the largest private-sector pension scheme in the UK and we pay out £2.5bn to our 200,000 pensioner members and their beneficiaries every year.

From an investment point of view, it’s important to remember that because we are a defined benefit scheme, the value of the pension we pay you is not affected by the ups and downs of the stock market.

On privatisation of  BT plc in 1984, the Government provided BTPS with a special protection in the form of a guarantee which provides that if BT plc is wound up as a business, most ongoing contribution obligations of  BT plc to the scheme would continue to be met by the Government. This is known as the Crown Guarantee.

It is important to emphasise that the Crown Guarantee is only relevant in the unlikely event of a winding up of  BT plc and, in such circumstances, would enable the scheme to receive ongoing contributions to fund the payment of benefits.