What is AGUK Schedule 1?
This section of the Airbus Pension Schemes remains open to existing members but is no longer open to new members.
AGUK Schedule 1 is a hybrid scheme consisting of a “Defined Benefit” final salary pension scheme with an investment top up and is a tax efficient way to save for your retirement.
More information about AGUK Schedule 1
As a member of Schedule 1 there are two different parts of your pension:
- A final salary benefit – known as the Core Pension
- A defined contribution benefit – known as the Retirement Account
Members of the Airbus Schedule 1 Pension Scheme can log in to view their accounts and and other pension information online whenever you want to by accessing the pensions administrators portal where they can do the following actions:
- Benefit statement
- Change personal details
- Run retirement quotes
- Update your Expression of Wish nomination
Useful links and information
Please click here to visit EPA
Your “Retirement Account” plus AVC is administered by Legal & General. Your Retirement Account can be found at Manage your Account.
Please click here to access the AVC Google form( Internal network only)
The total that you pay into the Scheme (your core contributions plus any AVCs) are not allowed to exceed 19% of your gross earnings.