Retirement
When you decide to retire, the BAA Pension Scheme offers you valuable benefits, including a regular pension income and the option of a tax-free cash lump sum.
Under the Scheme, your normal retirement date is your 60th birthday, unless you are a fire service employee.
If you are a fire service employee, your normal pension age is 55.
Important things you need to consider
When do you want to retire?
If you retire before your normal pension date, your pension will be lower as it will be being paid for longer.
How much pension you will need?
You need to ensure that your monthly pension is enough to live on.
Do you want to exchange some of your pension for a tax-free cash lump sum?
If you exchange some of our pension, the monthly pension you receive will be lower.
