If you leave the Company before retirement, your pension will become deferred. Your deferred pension will be calculated on the date you leave and increased in line with the Retail Prices Index (RPI) each year. This helps it keep up with inflation between your leaving date and your Normal Retirement Date.
Please read the Notes for leavers Scheme leaflet for more information.
You can visit My Retirement Planner at BWebstream to explore your retirement needs and options. There’s a Q&A available here. Your options may change over time so we recommend visiting the planner every year.