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. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. You can switch from one of the funds to another on the 1st day of any month. The Scheme is a Registered Pension Scheme approved under Chapter 2 of the Finance Act 2004. HM Revenue and Customs (HMRC) will only allow such payments if you have a short time to live. The Corporate Trustee. 25% Ground Staff. Paying the NAPS transitional option into the new scheme. mybapension. 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). 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. Tel: 020 8538 2100. The information on this site describes the benefits and options available from Part 6 of the Airways Pension Scheme. Bekijk uw betalingen. 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. 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. The lump sum is broadly the difference between benefits you have received, if any, and your contributions plus interest. After being made redundant by British Airways last year, I have retrained as a teacher. = £104,000. The Government raised the minimum retirement to age 55 from 6. If you leave your pension in APS it is called a deferred 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. 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 also view your yearly deferred pension statements if you usually receive these. My Account is key to. mybapension. Your contributions are deducted automatically from your monthly. If there are questions about your benefits that you would like to see answered on this site please let us know. mybapension. Download and print 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). Or please use our online ‘ contact us ’ form to get in touch with us. Global Vote Activity for the year to 31 March 2018. 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. 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. Cost of living support. The tapered AA affects individuals with an ‘adjusted income’ of over £260,000 a year from April 2023 but only if their ‘threshold income’ exceeds £200,000. The lump sum is free of inheritance tax. Liverpool. If you choose to work beyond your Normal Retirement Age, your Pre 2007 service pension and your Post 2007 service pension are treated differently. 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. Email [email protected] to MyPension. Login to Mybapension Online to use the online pension modeller to view your pension and lump sum options at different retirement ages. As the settlement has been approved, we expect to make payment of the arrears payable backdated to 6 April 2019 with your pension payment in December 2019. NAPS amendments to Trust Deeds since June 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. · 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. 17 billion (2018: £19. For some of these life changes, you may need to reconsider what you are paying into your BA pension. I left before 1 April 2007. mybapension. 5% from 10 April 2023. The standard Scheme contributions were 8. Insurance · United Kingdom · <25 Employees. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. 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 report covers issues around governance, funding, investment and administration, as well as important events between the year-end and publication date. 5%. 25% ( Ground Staff) or 8. The Waste: The. In addition to the contributions shown above, members who are under State Pension Age pay 3. 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. mybapension. 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. com. 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. Je pensioen, dat is iets om naar uit te kijken! Je bent op de juiste plek om je pensioen aan te vragen. 56%, your AVC balance at the end of the 21/22 year would be calculated as your £1,000 balance increased by 0. 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. 2. Tom Ridge signed a law that expanded pensions for those employees by 25% — and even more for state lawmakers. Log in to see the personal statements and tools available to you. 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. 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). You will need your National Insurance Number and Date of Birth to register for MyPension. The first payment is made at the end of the month after the month you retire. 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). mybapension. Members who expected their benefits at retirement to be more than £1. The Government’s pension arrangements differ depending on whether you reach your. Welcome to My NHS Pension. 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. 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. My children get. We provide a pay slip with your first pension payment. com is for staff who. Send a message via ' Contact us '. 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. 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). 25% of Pensionable 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. mybapension. 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 ). The standard build-up rate in NAPS Plan 60 was 1/75. 1% of Band Earnings. We must receive your written instruction by the 20th of the month for the. Divided by build-up rate. The Trustee Directors of APS and NAPS are the Directors of BAPTL. 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 allowable tax-free lump sum limit will. Please quote your pension number (which is the same as your old BA staff number) in all correspondence. You will then need to register and confirm your details. You cannot give or 'assign' your benefits to anyone else. Glossary contains definitions of all the technical terms used on this website. In other words, if you choose to draw your pension on or after 1 October 2023, you will need to exchange less of your pension when taking a tax-free lump sum. mybapension. To provide an additional dependant's pension you must give up part of your own pension permanently. Pensions with Lifetime Allowance values between £10,000 and £30,000. Percentage of Pensionable Pay that you pay. Cost of living support. Telephone: 020 8538 2100 (Monday to Friday 9am – 1pm) British Airways Pensions. Here’s how it works: Start by completing the Login. 1/75. Your NAPS deferred pension statement – NAPS is closing to further pension build-up on 31 March 2018. The number of meetings varies from year to year – in some years Trustee Directors could attend an average of 20 meetings. 17. 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. You can contact the General Counsel at British Airways Pension Services Ltd. Alternatively, the informant can fill in our ' Death notification. 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. This allowable tax-free sum limit will remain. 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 also view your personal benefit statements if you usually receive these. or the Trustee at the following address: British Airways Pensions. The Government increased the minimum age for early retirement to age 55 from April 2010. 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. You then have a further opportunity to make a transfer of any remainingContact us at: Send a message via ' Contact us '. mybapension. Or. 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 pension is worked out as a percentage of your salary, based on the years, months and days that. L69 2YL. To arrange an additional dependant's pension, you must contact BA Pensions before your pension starts (at retirement or if you take Flexible Retirement ). The Corporate Trustee. 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 ). Visit the Scheme documents page to view the annual report and financial statements for the year ending 31 March 2021. com is 2 decades 6 months old. If there are questions about your benefits that you would like to see answered on this site please let us know. 19. 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. You are now logged out. 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. The first payment is made at the end of the month after the month you retire. Write to us at: British Airways Pensions. 50%. Scheme documents. Carry on paying into your BA pension. British Airways (BA) has announced a change to the ENDs appointed to the New Airways Pension Scheme (NAPS) Trustee. Alternatively, contact BA Pensions for a provisional quote at any time. 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). Employer Nominated Directors (ENDs) are appointed by BA, and Member Nominated Directors (MNDs) are elected by members and pensioners. Frequently asked questions (FAQs) on the COVID-19 (Coronavirus) outbreak - 20 March 2020. When I die. Key facts: You can save any amount up to 50% of your gross taxable pay. your preferences in relation to your pension benefits, including any elections you may make online through mybapension online; and. Employer Nominated Directors (ENDs) are appointed by BA, and Member. 65 billion (2018: £2. 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 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. British Airways appoints six of the Trustee Directors as Employer Nominated Directors (ENDs). 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. 20 x £6,000 p. mybapension. Your pension is flexible. 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. 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. If you no longer have this, please call the Pensions Team on 020 8538 2100 (9am to 1pm, Monday-Friday). mybapension. 75%. Your scheme administrator should be the first point of. Most APS pension payments are paid in arrears and are made by the last working day of each month. 56% interest. Your Dependent children can receive allowances on your death. 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). a. 17. 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). 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. The NAPS membership elects five Trustee Directors as MNDs as follows:The individual's AA for 2020/21 is therefore: £60,000 - £17,360. Your deferred pension is worked out using a standard formula: Retiring Pay x pensionable service. 5%. The number of meetings varies from year to year – in some years Trustee Directors could attend an average of 20 meetings. mybapension. Our pension scheme provides you with a pension based on how long you have been in the Scheme and your pensionable earnings. Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. Pre-retirement Courses. What you pay. The Government raised the minimum retirement age to age 55 from 6 April 2010. 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. mybapension. Your Scheme 's actuary will work out the increases, and we will add them instead of normal Scheme increases. PO Box 2074. You have one opportunity to make a transfer of part (or all of your AVC Account ) the time of, at or before, drawing your main Scheme pension. 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. With this rate you pay the same Scheme contributions that you would pay for the standard 1/75 build-up rate but BA then covers the cost of the additional employer’s National Insurance Contributions (NICs), currently 3. You cannot give or 'assign' your benefits. What BA pays. To obtain these two codes please ring 0371 384 2682, or +44. ’ page of our website, 1. The Scheme is still required to add inflationary increases - up to the. Defined Contribution Members. com. 5% payment for an Adult Survivor's pension on your death. In 2001, 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. 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. mybapension. A lump sum may be paid if no Adult Survivor’s pension is payable. 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). It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. 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. You can delay receiving your pension after your Normal Retirement Age, up to a maximum of age 75. 6%. 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. mybapension. This can be found at the top of any personal communications we have sent to you. Before you change occupations you have two choices. PO Box 2074. mybapension. mybapension. mybapension. The 2023 Pension Increase is 5%. The Government’s pension arrangements differ depending on whether you reach your State. 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. To book a place, contact Vanessa Rowley or Kasia Ambrose on 020 3691 3215 or email: membership@ba. 56%, your AVC balance at the end of the 21/22 year would be calculated as your £1,000 balance increased by 0. mybapension. BA Pensions have announced today that the scheme rises for APS will be 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). 1% of Band Earnings. mybapension. My BA Pension - Log in to mybapension online Log in Please make sure that you've registered for online communications using the details provided in your registration letter before logging in for the first time. The value to be tested against the LTA is worked out by multiplying the gross (i. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. You pay a standard rate of 7. Your pension will increase each year in line with the rate specified within the Government’s Pension Increase (Review) Orders issued by HM Treasury. 50%. The two conditions are applied in order and, if neither condition is met, any statutory right you may have to transfer is removed and. PO Box 2074. 22. mybapension. Search APS: mybapension online. mybapension. 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. Search NAPS: Log in to see the personal statements and tools available to you. The AA for your defined benefit (DB) pension savings, such as your APS pension, will also be reduced to £50,000. 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). mybapension. Protections are available and further information is. = £104,000. Vraag uw pensioen aan. 50% (Flying Staff) of your Pensionable Pay. 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. The full Trustee Board meets at least four times a year, and the sub-committees also convene regularly during the year. You can access your pension statements, modeller, payslips and more online. 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. You can exchange part of your pension for a tax-free lump sum when you take your benefits. mybapension. 1 per cent of its expected liabilities, even though British Airways paid £1. 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. Looking for old news? mybapension. We may also hold and process some special categories or "sensitive. This form is now available as an online form, which you can submit directly to the Pensions team. Former BA Staff Absent Friends. We provide a pay slip with your first pension payment. When you start. · 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. The term of office for a Trustee Director is for a period of between five and five-and-a-half years. 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 ), adjusted for any changes in your BA occupations prior to 1 April 2007 (such as a move from Flying Staff to Ground Staff), plus. Default build-up rate. g. The Registration Code and the Personal Identification Code is provided by the Pension Service Centre. 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. We provide a pay slip with your first pension payment. 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. 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. mybapension. mybapension. 8. mybapension. *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. Pre-retirement Courses. If you plan to work beyond your Normal Retirement Age, you will automatically continue paying contributions to the Scheme. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. Covid-19: Important update about our services - 17 March 2020. The Glossary contains definitions of all the technical terms used on this website. mybapension. mybapension. 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. 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. 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. General scheme information. Many building societies use different banks to process BACS payments. The Trust Deed and Rules provide that, of the eight. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. Carry on paying into your BA pension. The New Airways Pension Scheme (NAPS) is an occupational final salary scheme. 20 x £6,000 p. ”. The lump sum is free of inheritance tax. 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. You can contact us at any time from age 55 if you wish to draw a reduced pension. January 2022 obituaries. 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 further. BA Pensions have today published member updates on their website for both APS & 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 contributions are deducted automatically from your monthly. You have choices, so decide for yourself what your. 22. 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. 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). L69 2YL. mybapension. It is likely that you have questions about your British Airways pension benefits. 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. 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. FAQs. 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 was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme Test until 5 April 2016. Liverpool. Changes to my life. At 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). 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. Address changes can also be accepted in writing with a signature (our address is on the Contact us page). If you no longer have access to this email address please contact the Pensions Team on 0208 5382100 for assistance. Please have your Aviva Plan number or. The informant will need your pension reference number when calling the team. The informant will need your pension reference number when calling the team. mybapension. The Government raised the. With BA pensions, you have a good basic package but you can improve it by saving more. FIND OUT MORE Documents We’ve put all the relevant Scheme documents in. Scheme updates. 1. Alternatively, the informant can fill in our ' Death notification. The informant will need your pension reference number when calling the team. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. What we'll send to you, how and when. Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. Your Dependent children can receive allowances on your death. = £120,000. 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. 1/67. 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. AVC funds. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. 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. Your BA pension is only part of the income you will receive on retirement. If you are receiving a single pension entitlement from us, your pension reference number will usually be.