Contribution Changes and AVCs outside Pension Salary Sacrifice
Change your contribution rate (outside Pension Salary Sacrifice)
United Kingdom
BASF UK Pensions
Defined Contribution (DC) benefits
This page is for members who have a DC Account in the BASF UK Group Pension Scheme. That includes the following types of members:
- All members of the BPP DC Section and Group DC Section
- Members of the BPP Hybrid Section who have earned DC benefits from 1 January 2007
- Members of the Group DB Section or BPP Hybrid Section who have Additional Voluntary Contributions (AVCs) invested in a DC Account (but excluding AVCs paid to an external provider such as Prudential, Equitable Life and Phoenix Life).
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2Change your DC investmentsYou should change your investments on the Pension Portal - it's quick, flexible and there are no charges (paper forms are no longer in use).
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5Nomination Form for benefits if you diePaper nomination forms are no longer used by the Scheme. Please review and update your nominated beneficiaries on the Pension Portal - your online pension account. See the Pension Portal factsheet for further information.
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9Pension Salary Sacrifice changesIf you have a 'lifestyle event' you can change your Pension Salary Sacrifice contributions here.
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10Scheme Pays(If your pension savings are above the Annual Allowance)
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1Accessing your DC Pension Savings(Factsheet 4)
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6Flexible RetirementYou can take your pension benefits and carry on working for BASF
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12Pension Salary Sacrifice Contribution changesYou can change your Pension Salary Sacrifice contribution rate on Ingenuity, each March.
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13Pension Salary SacrificeHow Pension Salary Sacrifice works
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15Scheme PaysFor members who incur an Annual Allowance Tax Charge
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1Booklet 1 - Getting StartedThis booklet includes: Why it's important to start a pension. How the Scheme works. Being a member. Contributions. Pension Salary Sacrifice
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2Booklet 2 - Your benefits in detailThis booklet includes: Benefits when you retire. If you die in service. Benefits on leaving. If you become ill. State benefits.
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3Investment GuideThis booklet includes: Types of investments and risk. Your investment options. How LifePlan & FreePlan work.
Supplementary Guides provide additional details for members who joined the DC Section with modified terms: