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18 December 2009
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Pensions

An introduction to BBC pensions to help you understand your benefits.

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What does the BBC provide?

The BBC is committed to providing affordable defined benefit pension provision for employees. The BBC Pension Scheme is a defined benefit pension arrangement which compares very favourably with pension provision offered by other large employers. It is an important part of the BBC's reward package.

Each year members build up pension equal to 1.67% of their pensionable salary during the year. In addition to a pension, the Scheme provides protection in the form of life assurance, incapacity pensions and security for dependants.

The BBC also provides the Group Personal Pension Scheme (GPPS) predominately for those employed on a fixed-term contract with less than two years' continuous service.

Please note: the above information refers to the Career Average Benefits section of the Scheme. If you are a member of the Old Benefits or New Benefits sections, please consult the relevant member guides.



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