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 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. 24 March 2023. 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). In 2001, Gov. This can be found at the top of any personal communications we have sent to you. If you leave your pension in APS it is called a deferred pension. com is 2 decades 6 months old. 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. Write to us at: 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) and New Airways Pension Scheme (NAPS). If you have registered for online communications you can submit your Notice of Wish directly to the Pensions team by logging into Mybapension online and filling in the online Notice of Wish. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. 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). After considering all relevant circumstances, the Trustee has decided to award a discretionary increase of 2. mybapension. Employer Nominated Directors (ENDs) are appointed by BA, and Member Nominated Directors (MNDs) are elected by members and pensioners. 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 . mybapension. The Trustee will continue to provide AA statements for members whose pension input amount exceeds the standard £60,000 AA. 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. However, APS members who leave British Airways and draw all their pension. Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. If you are in Plan 65, half the potential. The Scheme Rules provide for full pension increases to be paid up until age 65 (men) or age 60 (women) on any GMP. 1% of Band Earnings. The investment objective for the MPF is reviewed. Covid-19: Important update about our services - 17 March 2020. 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). mybapension. To book a place, contact Vanessa Rowley or Kasia Ambrose on 020 3691 3215 or email: membership@ba. For some of these life changes, you may need to reconsider what you are paying into your BA pension. 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). Your contributions are deducted automatically from your monthly. We must receive your written instruction by the 20th of the month for the. AVC funds. 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. indd 2 22/08/23 3:43 PMUsing a Chrome or Edge browser, navigate to the MyPBA homepage screen and then click on the “My 1099 form (s)” icon. You can find more information about the MPAA on the HMRC website. FAQs. You can switch from one of the funds to another on the 1st day of any month. 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. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. The Registration Code and the Personal Identification Code is provided by the Pension Service Centre. More than £4 billion of pensioner benefits insured. PO Box 2074. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways'. This can be found at the top of any personal communications we have sent to you. FEEDBACK. mybapension. If there are questions about your benefits that you would like to see answered on this site please let us know. 65 billion (2018: £2. Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. The Government raised the minimum retirement age to age 55 from 6 April 2010. The Airways Pension Scheme (APS) is an occupational final salary 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. Redirecting to ESS Home in 10 seconds. mybapension. Information Information about the Scheme, pension guidance, and accessing your pension details. Write to us at: British Airways Pensions. To arrange an additional dependant's pension, you must contact BA Pensions before your pension starts. The PSTR number is 00302323RH. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme Test until 5 April 2016. 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. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. mybapension. This limit is called the Annual Allowance (AA). Or, if you take a tax-free lump. 50%. 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. A lump sum may be paid if no Adult Survivor’s pension is payable. Download and print the. If there are questions about your benefits that you would like to see answered on this site please let us know. When I die. MND Neil Blackburn’s term came to an end on 30 September 2021. Alternatively, contact BA Pensions for a provisional quote at any time. mybapension. 22. If you leave your pension with BA it is called a deferred pension. 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. 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. Liverpool. Our Absent Friends page includes details of former colleagues who have recently died. If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. mybapension. You can also view your yearly deferred pension statements if you usually receive these. The soaring cost of gas, electricity, groceries and petrol – combined with global supply-chain disruptions – are increasing the current cost of living from every direction. 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 funding level had therefore improved since the last valuation, on. Glossary contains definitions of all the technical terms used on this website. mybapension. Former BA Staff Absent Friends. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. 25% of Pensionable Pay. Close. The government’s pension arrangements differ depending on whether you reach your. 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 Government has said that it believes that GMPs built up by men and women after 17 May 1990 should be treated equally. The standard Scheme contributions were 8. 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). 1% of Band Earnings as a contribution to the Scheme unless you have chosen the 1/54 build-up rate (Flying Staff) or the 1/58 build-up rate (Ground Staff), in which case. In October 2018, the Trustee of the Lloyds Banking. 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. You get: a 'Post 2007' service pension worked out as 1/60 of your pay at retirement for every year of Pensionable Service in Plan 60 between 1 April 2007 and 30 September 2010, plus 1/75 of your pay for every. mybapension. Pensions with Lifetime Allowance values between £10,000 and £30,000. mybapension. mybapension. The standard Annual Allowance is currently £60,000 a year. 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. BA Pensions service update. com is for staff who joined British Airways before 1 April 2003 and are. Our telephone service is currently available between 9am and 1pm, Monday to Friday. Pre-retirement Courses. 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) and New Airways Pension Scheme (NAPS). mybapension. 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. Our telephone service is currently available between 9am and 1pm, Monday to Friday. AVC-only transfer options . In addition, members under State Pension Age who have not selected the 1/54 pension build-up rate (Flying Staff) or the 1/58 build-up rate (Ground Staff) pay an additional 3. 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). It is a domain having com extension. If you no longer have this, please call the Pensions Team on 020 8538 2100 (9am to 1pm, Monday-Friday). Alternatively, AVCs can be used to buy extra pension, either from BA Pensions. 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). Looking for old news? mybapension. 1. If you’d like to pay some or all of your AA tax charge from your BAPP account (or your Aviva General Investment Account (GIA) if you have one), please call Aviva Life & Pensions on 0345 030 7964 - the helpline is open Monday-Friday 8am-5:30pm. If you haven’t used this site before, please use the details provided to you in your welcome pack. You will need your National Insurance Number and Date of Birth to register for MyPension. Liverpool. 15 March 2018. mybapension. Most APS pension payments are paid in arrears and are made by the last working day of each month. com is for staff who. 20 March 2018. Former BA Staff Absent Friends. The Scheme is still required to add inflationary increases - up to the. mybapension. mybapension. In addition, members under State Pension Age who have not selected the 1/83 pension build up rate pay an additional 3. 17. Paying the NAPS transitional option into the new scheme. This helpline is open Monday to. Please visit the Government’s website for the. Insurance · United Kingdom · <25 Employees. My deferred pension. Search APS:. 1 day ago · The Financial Times has convened a panel of experts to answer your questions about how the measures might have an impact on your personal finances. At a glance. Mybapension. When you leave BA you can leave your pension in APS or transfer it elsewhere. L69 2YL. 24 March 2023. 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. Avoiding scams. 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 plan to work beyond your Normal Retirement Age, you will automatically continue paying contributions to the 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). Then divide this by the current LTA and multiply by 100 to work out the percentage of your LTA you have. The lump sum does not have to be paid to your spouse, partner or surviving dependant. After being made redundant by British Airways last year, I have retrained as a teacher. mybapension. The Glossary contains definitions of all the technical terms used on this website. Check the square box next to the plan name (s) for the 1099 (s) you want to download. com. If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. The term of office for a Trustee Director is for a period of between five and five-and-a-half years. The Lifetime Allowance (LTA) The lifetime allowance (LTA) is £1,073,100 from April 2020. I left before 1 April 2007. We provide a pay slip with your first pension payment. 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. 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. Alternatively, contact BA Pensions for a provisional quote at any time. 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. 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. 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). Je pensioen, dat is iets om naar uit te kijken! Je bent op de juiste plek om je pensioen aan te vragen. Your pension will increase each year in line with the rate specified within the Government’s Pension Increase (Review) Orders issued by HM Treasury. 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. 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. mybapension. Your APS Trustee has invested just under £4. The secure site trusted by over 389,000 plan members. Annual Report on the Socially Responsible Investment Programme for the year to 31 March 2018. mybapension. 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. 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). Welcome to My NHS Pension. 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. mybapension. Or. After considering all relevant circumstances, the Trustee has decided to award a discretionary increase of 2. FIND OUT MORE Documents We’ve put all the relevant Scheme documents in. Don't get stung! Get authorised help and advice about your NAPS pension. 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 ). 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). Update your personal information. You can choose to use it all to provide a monthly income, take part of it as a lump sum on retirement or transfer out to an external provider. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. 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. 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 informant will need your pension reference number when calling the team. The individual statements will show the new rate of. Putting members first. mybapension. 1. Currently AVCs can be taken as part of the maximum tax-free lump sum of up. a. The lump sum is free of inheritance tax. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New. ’ page of our website, 1. 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. Scheme documents. The Government’s pension arrangements differ depending on whether you reach your. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. This is a form of LTA Protection. The tax charge for the Lifetime Allowance (LTA) was removed from April 2023. The Trustees of your pension scheme carry out a check on the charges deducted from your pension pot and, as a minimum, the fund (s) you're invested in if you don't make your own choice. Aviva also offers mandatory and voluntary Scheme pays options. mybapension. mybapension. NAPS factor changes from 1 April 2020. If you are receiving a single pension entitlement. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. 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. The informant will need your pension reference number when calling the team. Solitaire Rules The different piles. If you would like us to publish an obituary or eulogy for a former colleague, please send it to us. October 2019. 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 a defined contribution pension scheme, you can usually access your pension savings from age 55. We provide a pay slip with your first pension payment. The information on this site describes the benefits and options available from Part 6 of the Airways Pension Scheme. Email (Outlook Web App OWA) > Your ESS ApplicationsThis part of your pension is due at your old Normal Retirement Age (NRA), which is age 55 for Flying Staff, or age 60 for Ground Staff. mybapension. mybapension. The informant will need your pension reference number when calling the 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). 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). We try to answer many of them here and you will also find lots of useful information within other areas of this site. Write to us at: British Airways Pensions. We must receive your written instruction by the 20th of the month for the. January 2022 obituaries. 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). 75%. Telephone +44 (0) 203 691 3215. | BA Pensions manages specialist teams dedicated to pensions and financial services. 6% and for NAPS it will be 5%. Liverpool. You pay a standard rate of 7. 8. It has a global traffic rank of #2510553 in the world. Keep aside the APS pension that has built up for your Pensionable Service in your old occupation. If you are in Plan 60, half the potential service to age 60 would be included in the calculation of your ill health pension. L69 2YL. Deferred members. 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,. 5% from 10 April 2023. 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. L69 2YL. mybapension. 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. mybapension. Tel: 020 8538 2100. 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. When you are approaching your NRA we will write to you with full details of your pension benefits and your options relating to your pension about four. Throughout your time at BA your circumstances may change. 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. When I die. Global Vote Activity for the year to 31 March 2018. Your deferred pension does not need to be assessed against the AA unless you are a pilot who chose the three-year promotional. 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. 56%, your AVC balance at the end of the 21/22 year would be calculated as your £1,000 balance increased by 0. 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. PO Box 2074. From then on your pension will be paid at the end of every month into your chosen bank or building society account. Details of all charges that apply to your scheme, your Trustees' assessment of value for money, and your Trustees' investment governance activity are shown in. mybapension. The Government gives. The 2023 Pension Increase is 5%. 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). On this page are details of former colleagues who have recently passed away. You cannot give or 'assign' your benefits. 24 March 2023. These can be downloaded from the latest news pages for. Increases in NAPS are limited to a maximum of 5% per year. before tax is deducted) yearly rate of the pension you are currently receiving (on the date you are due to start receiving your remaining benefits) by 25. 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). You get automatic tax relief at your highest tax rate. of the Balfour Beatty Pension Fund (BBPF) To access information about your pension benefits. The Government raised the. From then on your pension will be paid at the end of every month into your chosen bank or building society account. mybapension. If you would like us to publish an obituary or eulogy for a former colleague, please send it to us. 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. Liverpool. The government raised the minimum retirement age to age 55 from 6 April 2010. Our telephone service is currently available between 9am and 1pm, Monday to Friday. This can be found at the top of any personal communications we have sent to you. APS is administered by a Corporate Trustee (Airways Pension Scheme Trustee Ltd), made up of eight Trustee Directors. May 24, 2018. your preferences in relation to your pension benefits, including any elections you may make online through mybapension online; and. 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). If you plan to work beyond your Normal Retirement Age, you will automatically continue paying contributions to the Scheme. your preferences in relation to your pension benefits, including any elections you may make online through mybapension online; and. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. HM Revenue and Customs (HMRC) will only allow such payments if you have a short time to live. marital status and relationship data, including the full name, date of birth, contact details and relationship to your proposed beneficiaries. Cost of living support. 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. This plan is administered by Aviva Life & Pensions. Log in to see the personal statements and tools available to you. 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. 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. 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). Trust Deed and Rules. Pension Fund (BBPF) (DC Section) Welcome to the website for the DC Section. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. The lump sum is broadly the difference between benefits you have received, if any, and your contributions plus interest. You may need to check with your building society for the correct details to provide. 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). com is for staff. 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 can register for online communications at any time by clicking the 'Register' button, then following the on-screen instructions. Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. = £104,000. 5%. 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 can contact the General Counsel at British Airways Pension Services Ltd. The Waste: The. 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. Yes No. Employee Self Service - Login; Select login type; BSAFEYou can find information about your pension online – anytime, anywhere. 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 provide useful resources and technical information about the Scheme, such as the Member Handbooks and leaflets, The Trust Deed and Rules of the Scheme, as well as NAPS valuation reports, Annual Report & Financial Statements, and documents on the Responsible Investment page which provide information about how. 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. We try to answer many of them here and you will also find lots of useful information within other areas of this site. In addition to the contributions shown above, members who are under State Pension Age pay 3. Or, if you take a tax-free lump. mybapension. mybapension. The Corporate Trustee. 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 Dependent children can receive allowances on your death. Register for My Account.