So if your BA pension at retirement is £6,000 a year and you have an AVC balance of £5,000, the value of your pension is worked out as follows: 20 x £6,000 a year + £5,000 = £125,000. The seminars are currently being provided exclusively online, by webinar. We provide useful resources and technical information about the Scheme, such as the Member Handbooks and leaflets, The Trust Deed and Rules of the Scheme, as well as NAPS valuation reports, Annual Report & Financial Statements, and documents on the Responsible Investment page which provide information about how the Trustee and. The Scheme was contracted-out of S2P by the GMP test until April 1997 and subsequently under the Reference Scheme Test until 5 April 2016. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. The individual statements will show the new rate of. mybapension. These can be downloaded from the latest news pages for. You can choose to use it all to provide a monthly income, take part of it as a lump sum on retirement or transfer out to an external provider. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New. The Pension Schemes Act 2021 introduces two new conditions that must be met before a transfer can be paid from a defined benefit pension scheme, such as APS or NAPS, to another UK or overseas pension arrangement. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Glossary. If you do not have a user ID, you can request one from your NHS Pensions contact. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Visit the Scheme documents page to view the annual report and financial statements for the year ending 31 March 2021. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If you are receiving a single pension entitlement from us, your pension reference number will usually be. 1. Defined Contribution Members. If you no longer have access to this email address please contact the Pensions Team on 0208 5382100 for assistance. 50% (Flying Staff) of your Pensionable Pay. Avoiding scams. I'm changing jobs. L69 2YL. 15bn in deferred contributions into the scheme between April 2018 and March 2020. Since 6 April 2016, if you are under State Pension Age you also pay 3. 20 x £6,000 p. 1. When you are approaching your NRA we will write to you with full details of your pension benefits and your options relating to your pension about four. Search NAPS: Log in to see the personal statements and tools available to you. Scheme updates. The Scheme is responsible for paying any increases due on your GMP until you reach your GMP age. Mixed Portfolio fund (MPF) The MPF is like a unit trust fund, which means your investment is used to buy units of (mainly UK and overseas) stocks and shares. Login to Mybapension Online to use the online deferred pension modeller to view your pension and lump sum options at different retirement ages. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). You have choices to pay more and also have security for your family and in case you fall ill before retirement. Or, if you take a tax-free lump. In addition to the contributions shown above, members who are under State Pension Age pay 3. BA has advised that the contribution will be added to your BAPP account in April, after the start of the new tax. This means that the value of your investment can go down as well as up depending on the performance of the stock market in future years. 4 billion). mybapension. Here’s how it works: Start by completing the Login. Or. Payment of any Discretionary Increase and/or backdated payments may affect your entitlement to Pensions Credit. The Government has said that it believes that GMPs built up by men and women after 17 May 1990 should be treated equally. If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. mybapension. When you are approaching your Normal Retirement Age, we will write to you with full details of your pension benefits and your options relating to your pension about four months beforehand. a. For example, if you work on a TPT basis for five months, working 80% of your normal, full-time hours, and then return to full-time working for the next seven months, your pensionable service for the year would be: 5 months x 80% = 4 months. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. This can be paid at, or after Normal Retirement Age, or you can choose to draw a reduced pension from the age of 50 or even earlier if you become too ill to work. mybapension. The 2023 Pension Increase is 5%. mybapension. If, as a result of separating from your spouse or partner, you want to stop making the additional payment, you can do so for the future by filling out the Adult Survivor's pension opt out form or by writing to us, giving at least one calendar. a. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). mybapension. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. The full Trustee Board meets at least four times a year, and the sub-committees also convene regularly during the year. Search APS: mybapension online. We will provide full details of the payments and individual statements to all eligible members when payment is made in December. You can choose to leave your BA pension Scheme (known as opting out) at any time before you leave employment with British Airways. What you get at retirement. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). New retirement and transfer value factors are in full. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). PO Box 2074. Most APS pension payments are paid in arrears and are made by the last working day of each month. AVC-only transfer options . = £120,000. We may also hold and process some special categories or "sensitive. 7% & RPI was 8. NAPS Top 100 Equity Holdings list. mybapension. mybapension. 1. *Option 55 is now closed to new joiners but existing Option 55 members currently have opportunities to switch off Option 55 within Plan 60 from 1 April or 1 October. 5m (IP2014). Looking for old news? mybapension. This can be found at the top of any personal communications we have sent to you. 6%. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Can I draw my deferred pension early? If you left employment with BA and left your pension in the Scheme you can draw your benefits any time from age 50 if you wish (subject to certain conditions – see below). All Staff – Plan 65. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Under BAMPS, you can take 25% of your fund as a tax-free cash lump sum and use the remaining balance to buy a pension from NAPS or an insurance company using the money that has built up in your individual retirement account to this earlier retirement date. BA has confirmed that Ian. If you are making your normal Scheme contributions via BA's SmartPension arrangement the maximum AVC amount you can save is 50% of your Gross taxable pay after reductions. Your deferred pension is worked out at date of leaving as a percentage of your salary, based on the years, months and days that you've been a member of the Scheme (your Pensionable Service ), adjusted for any changes in your BA occupations prior to 1 April 2007 (such as a move from Flying Staff to Ground Staff), plus. My BA Pension - Log in to mybapension online Log in Please make sure that you've registered for online communications using the details provided in your registration letter before logging in for the first time. NAPS amendments to Trust Deeds since June 2019. The lump sum does not have to be paid to your spouse, partner or surviving dependant. The Scheme is still required to add inflationary increases - up to the. 5 March 2018. The investment objective for the MPF is reviewed. The GMP is paid as part of your APS pension once you reach your GMP age. gov. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. 50%. 1/75. Retirement flexibility – You have mentioned that your earnings have reduced following your redundancy and, if you were to retain the BA pension, and the retirement age was say 60, you could. mybapension. mybapension. State Pension age is now equal for men and women (and gradually rising to 68 for people born after 6 April 1970), but the ages that GMPs apply from have not changed. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If you have not yet registered and have lost your registration letter please contact BA pensions on 020 8538 2100 to request a duplicate to be sent to you in the post. The Scheme is a Registered Pension Scheme approved under Chapter 2 of the Finance Act 2004. =. The Glossary contains definitions of all the technical terms used on this website. If you would like us to publish an obituary or eulogy for a former colleague, please send it to us. If you would like us to publish an obituary or eulogy for a former colleague, please send it to us. 1% of Band Earnings. They took up their positions on 28 June 2021 and 1 October 2021 respectively, and will serve for between five and five-and-a-half years. · For most members, the allowable tax-free lump sum you can take across all your pension benefits, from NAPS and elsewhere, is capped at one quarter of the current LTA, amounting to £268,275. 6% and for NAPS it will be 5%. My children get. Email [email protected] Airways Pension Trustees Limited (BAPTL) is a company established to hold the assets of the Airways Pension Scheme (APS) and the New Airways Pension Scheme (NAPS), with BAPTL acting in law as the Custodian Trustee of the assets of both schemes. mybapension. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. mybapension. 17 March 2023. Normal Retirement Age is usually age 55 for Flying Staff and age 60 for Ground Staff. mybapension. The Pension Schemes Act 2021 introduces two new conditions that must be met before a transfer can be paid from a defined benefit pension scheme, such as APS or NAPS, to another UK or overseas pension arrangement. To provide an additional dependant's pension you must give up part of your own pension permanently. Pensions for state employees and teachers have been a wrench in the gears of Pennsylvania government for decades. The value of your Additional Voluntary Contributions (AVCs) account will depend on: the length of time your AVCs have been invested. Information on the British Airways Money Purchase (BAMPS) section of NAPS, which closed to active members on 1 October 2012, is available in the Deferred members area of this website. If you no longer have this, please call the Pensions Team on 020 8538 2100 (9am to 1pm, Monday-Friday). The informant will need your pension reference number when calling the team. 20 x £6,000 p. mybapension. 50% (Flying Staff) of your Pensionable Pay. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. BA Pensions service update. With BA pensions, you have a good basic package but you can improve it by saving more. If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). mybapension. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Your total pay within a band set by the Government each year, currently between £6,136 and £50,000. The report covers issues around governance, funding, investment and administration, as well as important events between the year-end and publication date. Our telephone service is currently available between 9am and 1pm, Monday to Friday. Total Reward Statement Portal. Your first. Write to us at: British Airways Pensions. You can also view your yearly deferred pension statements if you usually receive these. Your Dependent children can receive allowances on your death. Before you can take up this option you will need to pass a medical examination. The extra service after Normal Retirement Age for which you pay contributions, plus any increases to Pensionable Pay you receive after Normal Retirement Age, will be included in your. You can contact the General Counsel at British Airways Pension Services Ltd. FIND OUT MORE Documents We’ve put all the relevant Scheme documents in. 00%. com. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Email (Outlook Web App OWA) > Your ESS ApplicationsBA Pensions manages specialist teams dedicated to pensions and financial services. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The Glossary contains definitions of all the technical terms used on this website. You may need to check with your building society for the correct details to provide. This can be found at the top of any personal communications we have sent to you. If you have a single pension entitlement with us, your pension reference number will usually be your six-digit BA staff number preceded by “1”, for example if your staff number is 097132, your pension reference would usually be 1097132. Changes to my life. The matter before us tonight therefore affects a substantial number of people, some on very modest pensions—the average pension in APS is about £14,000 per annum and in NAPS it is about £12,000 per annum—and has what Captain Post has described as a “complex history”, going back to 1948, when APS was established. The Scheme is a Registered Pension Scheme approved under Chapter 2 of the Finance Act 2004. If you are in Plan 60, half the potential service to age 60 would be included in the calculation of your ill health pension. Once you arrive at the “Add your state-issued ID” page, please click on the "Get Help at PBGC MyPBA" link. The password you should use to register on the website is the one provided in your original registration letter or any reminder letter we have sent to you. What you get at retirement. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). The Annual Allowance (AA) is the maximum amount by which your pension savings, including any AVCs, can increase in any year without incurring a tax charge. Call us on: 020 8538 2100 Fax us on: 020 8538 2190. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. mybapension. If there are questions about your benefits that you would like to see answered on this site please let us know. Search NAPS: mybapension online. You pay a standard rate of 7. If you plan to work beyond your Normal Retirement Age you will automatically continue paying contributions to the Scheme. mybapension. Je pensioen, dat is iets om naar uit te kijken! Je bent op de juiste plek om je pensioen aan te vragen. 99. This can be paid at, or after, your Normal Retirement Age, or you can choose to draw a reduced pension from the age of 50 or even earlier if you become too ill to work. mybapension. The password you should use to register on the website is the one provided in your original registration letter or any reminder letter we have sent to you. When you leave BA you can leave your pension in APS or transfer it elsewhere. The standard Annual Allowance is currently £60,000 a year. com is for staff who. mybapension. After considering all relevant circumstances, the Trustee has decided to award a discretionary increase of 2. Cost of living support. Pension Fund (BBPF) (DC Section) Welcome to the website for the DC Section. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Your line manager or Employee Services contact should provide you with your retirement and leaving forms. Members who expected their benefits at retirement to be more than £1. BA Pensions have announced today that the scheme rises for APS will be 12. Additional Voluntary Contributions (AVCs) You can save AVCs on top of your basic Scheme pension and they are a tax-efficient way of saving for extra pension or lump sum benefits when you retire. After considering all relevant circumstances, the Trustee has decided to award a discretionary increase of 2. You can choose to take up to 25% of your pension savings as a tax-free lump sum, with. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Employee Self Service - Logout. Click here to read the most recent obituaries. If you choose to work beyond your Normal Retirement Age, your Pre 2007 service pension and your Post 2007 service pension are treated differently. Your NAPS deferred pension statement – NAPS is closing to further pension build-up on 31 March 2018. Pre-retirement Courses. Unlike the AA, any unused MPAA cannot be carried forward to later tax years. Login to MyPension. mybapension. Email membership@ba. Trust Deed and Rules. 50% ( Flying Staff) of your Pensionable pay. AVC funds. If you are suffering from a life threatening illness it may be possible to receive all of your pension as a tax-free lump sum (calculated on reduced terms) whilst continuing to provide a pension for your dependents should you die. We can't guarantee to publish every one but we’ll try to include it in a future publication, where space allows. Or please use our online ‘ contact us ’ form to get in touch with us. mybapension. If you do this, we will add late-retirement increases to your pension to compensate you for the delay in payment. Don't get stung! Get authorised help and advice about your NAPS pension. Insurance · United Kingdom · <25 Employees. You will need your National Insurance Number and Date of Birth to register for MyPension. 1% of the Band Earnings. When I die. mybapension. Please quote your pension number (which is the same as your old BA staff number) in all correspondence. Welcome to My NHS Pension. Ontdek hoe eenvoudig het is in onze tutorial! Check uw pensioendatum. If you have not yet registered and have lost your registration letter please contact BA pensions on 020 8538 2100 to request a duplicate to be sent to you in the post. Your line manager or Employee Services contact should provide you with your retirement and leaving forms. If you leave your pension with BA it is called a deferred pension. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). In addition, members under State Pension Age who have not chosen the 1/54 build-up rate (Flying Staff) or the 1/58 build-up rate (Ground Staff) pay an additional 3. However, APS members who leave British Airways and draw all their pension. Total pensionable service = 11 months (or 91. If your pension in payment has a cash equivalent value* of £10,000 or less (currently pensions up to approximately £500 a year), you can exchange it for a one-off small lump sum at any time after GMP Age (age 65 - men; age 60 - women) or from age 50 if your pension does not include a Guaranteed Minimum Pension (GMP) entitlement. Frequently asked questions (FAQs) on the COVID-19 (Coronavirus) outbreak - 20 March 2020. Pre-retirement Courses. gov registration process, which includes setting up an email and password for future logins. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). 2 Contents 04 Welcome to your pension 08 How much should I save? 16 How is my money invested? 33 Know your funds 39 Your choice of funds 43 Keeping track of your pension 49 Frequently-asked questions 57 Get in touch AV941280_NGS47333A1_MM39066_0823. mybapension. mybapension. = £104,000. Redirecting to ESS Home in 10 seconds. In June you voted to elect Kate Gay, and re-elect Jack Weale, as member-nominated Trustee Directors (MNDs) from the pensioner membership. Deferred members. He was thrilled to do it, saying it was something he’d waited years to. The password you should use to register on the website is the one provided in your original registration letter or any reminder letter we have sent to you. The term of office for a Trustee Director is for a period of between five and five-and-a-half years. Employer Nominated Directors (ENDs) are appointed by BA, and Member Nominated Directors (MNDs) are elected by members and pensioners. You are now logged out. 17. The Scheme Rules provide for full pension increases to be paid up until age 65 (men) or age 60 (women) on any GMP. FEEDBACK. The Retail Price Index (RPI) rise over the twelve months to September 2022 was 12. There are choices within NAPS that will: meet your needs now and in the future. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New. Your deferred pension will be reduced if the pension will be paid earlier than your Normal Retirement Age. The investment objective for the MPF is reviewed. If you have a single pension entitlement with us, your pension reference number will usually be your six-digit BA staff number preceded by “1”, for example if your staff number is 097132, your pension reference would usually be 1097132. mybapension. mybapension. mybapension. mybapension. The lump sum is free of inheritance tax. indd 2 22/08/23 3:43 PMPlease use the online ‘ Contact us ’ form to request a CETV quotation, or call us on 020 8538 2100 (9am to 1pm, Monday to Friday). com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). So if you retire on 11 August, your first payment will be on 30 September and will include pension for the period 11 August to 30 September. It is very important that someone tells us straightaway when you die by calling the BA Pensions team on 020 8538 2100. From then on your pension will be paid at the end of every month into your chosen bank or building society account. Key facts: You can save any amount up to 50% of your gross taxable pay. MND Neil Blackburn’s term came to an end on 30 September 2021. Our pension scheme provides you with a pension based on how long you have been in the Scheme and your pensionable earnings. Member hub. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). So if you retire on 11 August, your first payment will be on 30 September and will include pension for the period 11 August to 30 September. 8 Castle Street. Deferred members. If you have any concerns, you should contact the Pension Credit helpline on 0800 731 0469. The lump sum does not have to be paid to your spouse, partner or surviving dependant. We try to answer many of them here and you will also find lots of useful information within other areas of this site. Check the square box next to the plan name (s) for the 1099 (s) you want to download. of the Balfour Beatty Pension Fund (BBPF) To access information about your pension benefits. If you have a general pension question, you may find the answer to your query on the ‘ FAQs ’ page. This can be found at the top of any personal communications we have sent to you. You may need to check with your building society for the correct details to provide. Write to us at: British Airways Pensions. We must receive your written instruction by the 20th of the month for the. This plan is administered by Aviva Life & Pensions. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). Our telephone service is currently available between 9am and 1pm, Monday to Friday. HM Revenue and Customs sets a limit for the amount you. Welfare, Social & Benefits. I am a spouse/partner or dependent of a member of NAPS. Or, if you take a lump sum, the LTA value would be the cash value of your lump sum plus 20 times your remaining annual pension: lump sum of £20,000 plus 20 x £4,200 p. mybapension. 22. Pensions with Lifetime Allowance values between £10,000 and £30,000. This brings the total 2023 pension increase for eligible pensions to 12. Search APS: mybapension online. mybapension. The Government raised the minimum retirement to age 55 from 6. L69 2YL. 65 billion (2018: £2. This can be found at the top of any personal communications we have sent to you. Members of earlier parts of the Airways Pension Scheme (Parts 1 – 5) should contact BA pensions with any specific. Liverpool. BA Pensions service update and new NAPS FAQs - 27 March 2020. Employee Self Service - Login; Select login type; BSAFEYou can find information about your pension online – anytime, anywhere. mybapension. The Government increased the minimum age for early retirement to age 55 from April 2010. Our telephone service is currently available between 9am and 1pm, Monday to Friday. 6%. You can delay receiving your pension after your Normal Retirement Age, up to a maximum of age 75. Telephone +44 (0) 203 691 3215. In addition, members under State Pension Age who have not selected the 1/83 pension build up rate pay an additional 3. At retirement, your AVC account can be taken as extra lump sum or used to buy pension benefits. mybapension. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). If your deferred pension has a cash equivalent value of £10,000 or less, you can exchange it for a one-off small lump sum at any time after GMP Age (age 65 - men; age 60 - women) or from age 50 if your pension does not include a Guaranteed Minimum Pension (GMP) entitlement. mybapension. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS). marital status and relationship data, including the full name, date of birth, contact details and relationship to your proposed beneficiaries. At that time the requirement for the Scheme to add increases stops for any GMP built up to 5 April 1988. Increases in NAPS are limited to a maximum of 5% per year. If your NAPS membership ended after 31 March 2007 you will be entitled to a pension for pre 2007 service and a pension for post 2007 service. You can contact us at any time from age 55 if you wish to draw a reduced pension. This can be paid at, or after Normal Retirement Age, or you can choose to draw a reduced pension from the age of 50 or even earlier if you become too ill to work. 25% ( Ground Staff) or 8. If I die. Claer Barrett,. mybapension. 56%, your AVC balance at the end of the 21/22 year would be calculated as your £1,000 balance increased by 0. mybapension. The report covers issues around governance, funding, investment and administration, as well as important events between the year-end and publication date. 5%. To arrange an additional dependant's pension, you must contact BA Pensions before your pension starts (at retirement or if you take Flexible Retirement ). Looking for old news? mybapension. The first payment is made at the end of the month after the month you retire. mybapension. PO Box 2074. Avoiding scams. mybapension. BA Pensions Service Updates. mybapension. British Airways Pensions Services. mybapension. It is likely that you have questions about your British Airways pension benefits. £21. A lump sum may be paid if no Adult Survivor’s pension is payable. Telephone: 020 8538 2100 (Monday to Friday 9am – 1pm) British Airways Pensions. 18th October 2023 saw the official ONS release of UK inflation figures for September. com is for staff who joined British Airways before 1 April 2003 and are members of British Airways' Airways Pension Scheme (APS) and New Airways Pension Scheme (NAPS).