BTPF members
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  • BTPF Members

    About the fund

  • Your payment options

    You can choose to take your benefits from the fund in different ways to suit your needs. The options are:

    For all members:

    • A higher lump sum and lower pension.

    For members who joined before 1st April 2007:

    • A higher pension and lower lump sum.
    • A temporarily higher pension if you retire before you receive your basic state pension then a lower pension after your basic state pension starts.
    • A temporarily lower pension if you retire before you receive your basic state pension then a higher pension after your basic pension starts.
    • An extra pension paid to a dependant.