BTPS funding improves with deficit falling by £1bn

BT will need to provide £282m of additional funding to ensure scheme remains on track to reach full funding by 2030

Holly Roach
clock • 1 min read
BTPS funding improves with deficit falling by £1bn

The BT Pension Scheme (BTPS) has agreed its 2026 triennial pension valuation with BT Group, revealing a £1bn fall in its deficit.

The 2026 valuation, published today (5 November), revealed the scheme's deficit reduced to £2.7bn in June this year, down from £3.7bn in June 2023. It also showed the funding level improved from...

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