About the Fund

The British Transport Police Force Superannuation Fund (the Fund) provides pensions to over 7,000 members.

Understand more about the British Transport Police Force Superannuation Fund

You may be eligible to join the scheme if your employer is a participating employer within the Fund.

Membership categories

Active

A member of the BTP Fund who is in the employment of a participating employer and is paying contributions into the Fund and building up benefits under the Fund.

Preserved (or deferred member)

A member who is no longer paying contributions. Their benefits are based on membership up to their date of leaving the Fund. This person may have opted out of the Fund or be no longer employed by a participating employer. Preserved benefits increase each April in line with the Pensions (Increase) Act 1971, and in line with the rules of the section you are a member of, from the date that you become a preserved member.

Retired (or pensioner member)

A member of the BTP Fund who has retired or who has decided to take their benefits whilst still working, if they are eligible to do so.

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Sections

The Fund is divided into different arrangements and sections. Here are some of the main ones:

  • the 1970 section – for members who joined before 1 April 2007
  • the 2007 section – for members who joined between 1 April 2007 and 31 March 2015, and
  • the CARE section – for members who joined on or after 1 April 2015

There is a single Trustee which oversees investments management and governance.

If you're a member of the Fund, you can easily find out which type of pension you have. Simply register and/or log in to your myFund account, then check the information in your dashboard.


Administration

The BTP Fund is administered by Railpen, which is a wholly-owned Trustee subsidiary. Railpen provides the Fund with overall governance and management.

Railpen performs three distinct functions:

  • Investing funds for long term growth
  • Monitoring the levels of funding and investment to ensure stability
  • Administering and paying pensions

Its services include a full range of administration and payroll, as well as client relationship management, communications, digital services, governance, secretariat and technical support.

Railpen works closely with employers with Sections in the Fund to provide support and keep them fully informed of developments either within the Fund or the wider pensions industry. This helps to ensure they are aware of how any changes may impact them or their employees.

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