Changing your category

A random set of BAE images If your category changes during your service within the Company:

  • Your Normal Retirement Date will immediately change to that appropriate to your new category. 
  • You will keep the Accrual Rate appropriate to your previous category up to the last day of the month preceding the date of the change and the Accrual Rate appropriate to your new category will apply thereafter.

Final Pensionable Earnings will be determined as follows: 

  • In respect of any period of Pensionable Service in relation to your category when you retire, your Final Pensionable Earnings will be those applicable at the date of retirement. 
  • In respect of any earlier period of Pensionable Service completed in some other category, your Final Pensionable Earnings will be the higher of your Final Pensionable Earnings at the date of retirement or your Final Pensionable Earnings as if you had left service on the date of leaving that category.
Note
Switching between categories affects the way in which some rules will apply to you. If you have any queries, contact the Pensions Service Centre.