What do I have to do?

Consider all your options carefully. We recommend you see an independent financial adviser to help you decide what's best for you.

We will send you a retirement pack once we are advised by you that you wish to draw your NAPS pension or on ceasing employment with British Airways. This will contain details of your pension and retirement options (such as tax-free cash) and also a guaranteed cash equivalent transfer value (CETV).

Your pack will include pension election and payment instruction forms, which you should complete and return to us as soon as possible. We will let you know that we have received your completed forms by email or by post.

Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. You can also view your yearly deferred pension statements if you usually receive these.

Alternatively, contact BA Pensions for a provisional quote at any time.

You cannot give or 'assign' your benefits to anyone else. This includes, for example, trying to use your benefits as security for a loan. If you attempt to assign any part of your benefits, you will lose your rights under NAPS.

Free guidance from Pension Wise

You can also take advantage of free impartial guidance which is available from Pension Wise. Pension Wise is a Government service from MoneyHelper that offers free, impartial pensions guidance about your defined contribution pension options. An appointment with Pension Wise is free and will help you understand what your overall financial situation will be when you retire.

It’ll talk you through your options to help you make the right decision. You’ll also find out about the other factors you need to consider when deciding on your options before retirement.