How much does it cost?
The content on this website is tailored for you, depending on which section of the Scheme you are in. You must select a section before we can show you the content that is right for you.
Your contributions
You currently contribute 6% (7% if you are a Fire Service member) of your pensionable salary each month.
Tax relief
Your contributions are deducted from your salary before tax so the actual difference in your take home pay is less than 5% (6.5% if you are a Fire Service member).
Your pension benefits
The cost of your pension and life assurance benefits provided by the Scheme is significantly more than the cost of your contributions.
BAA contributions
The Company pays the balance of the cost of providing your pension and life assurance benefits along with the expenses of administering the Scheme.
