Your Scheme

The Babcock Retirement Savings Scheme (BRSS)

Welcome to the BRSS. This is Babcock’s Defined Contribution (DC) pension scheme and is a section of the Babcock International Group Pension Scheme. Scroll down and watch a short video about the BRSS and how it works.

This website gives you an overview of how the Scheme works and the benefits available to you. It also includes the Scheme Guide, any forms you might need as a member and information about how your Personal Account is invested.

You can also access your Personal Account with Aviva through this website (this requires a separate registration and login process) and, once you’ve registered for oneday…, you can access the ‘Learn, Plan, Do’ pages.

You can download the Aviva app called MyWorkplace via both Android and iOS devices to access your Personal Account anytime, anywhere. For more details please contact Aviva.

Online Aviva pension presentations

If you’re new to the BRSS, or you’ve been a member for some time but want to find out more about the Scheme, you can attend an online general pension presentation from Aviva. The presentation covers:

  • Why it’s important to save for your future
  • How the Scheme works
  • Your investment choices
  • Planning for retirement

The presentation is designed for active members but if you’re a deferred member you can still attend to find out more about investment choices and options at retirement.

If you’re thinking about retirement, you can sign up to attend an online retirement presentation designed to support you in the lead up to your retirement.

To attend a general or retirement presentation, all you need to do is register and follow the process. You will need your Aviva policy number to register. The presentation dates are fixed and you can chose the date you want to attend. If you have any issues registering, you can contact Aviva.

Fixed presentation dates

Pension basics

  • Thursday 29 February 2024 - 2pm
  • Thursday 25 April 2024 - 10:30am
  • Thursday 27 June 2024 - 10:30am

My Retirement, My Way (quarterly)

  • Thursday 28 March 2024 - 10:30am
  • Thursday 30 May 2024 - 10:30am

How BRSS works:

1. As a Babcock employee, you can join BRSS. Each month, you and Babcock contribute a percentage of your pay into your Personal Account. While you’re paying in to the Scheme, you’re known as an active member.

2. Your Personal Account is invested until you decide to take your funds – this normally happens when you retire or transfer to another pension arrangement. The value of your Personal Account may go up and down over time depending on how your investments perform. You can choose where your Personal Account is invested from a range of available funds.

3. When you retire, you’ll use your Personal Account to provide you with an income. The minimum retirement age is currently 55, although this is rising to 57 from 2028.

View your Personal Account

Log in to access your Personal Account with Aviva.

Transferring pensions into the BRSS

You can transfer pensions from previous pension schemes into the BRSS.

Model your benefits

Use Aviva’s modeller to see the estimated value of your benefits when you retire.

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