2024 APS & NAPS Individual Pension Increases

Individual pension increase statements are now available  at  mybapension.com  Emails have been sent to all members registered for online communications and paper copies posted to those members who have registered for paper statements.

(ABAP encourages members to register for online communications with BA Pensions if at all possible)

BA Pensions previously announced that the scheme rises for APS will be 8.9% and for NAPS  it will be 5%.
News articles are published on the APS and NAPS websites. The articles confirm that the increases that will be applied to pensions from 8th April 2024.

APS article: 2024 increase

NAPS article: 2024 increase

Some elements of people’s personal pension may receive different levels of increase and different rules apply in respect of any Guaranteed Minimum Pension (GMP, see links below) included in APS & NAPS pensions.

For more information on GMP, please refer to:
NAPS: https://www.mybapension.com/naps/scheme/gmp