SBS Credited Interest rates

Below are the Leonardo Electronics Pension Scheme SBS Credited Interest rates.

Please note that the BAE Systems 2000 Pension Plan sets a separate BAE Credited Interest rate which applies to your BAE Systems benefits.

Scheme year Credited Interest rate (p.a.)
 6 April 2023 - 5 April 2024 2.5% 
 6 April 2022 - 5 April 2023 5.5% 
 6 April 2021 - 5 April 2022 8.5%
 6 April 2020 - 5 April 2021 6.25% 
 6 April 2019 - 5 April 2020 6.5% 
6 April 2018 – 5 April 2019 8.25%
6 April 2017 – 5 April 2018 9.75%
6 April 2016 – 5 April 2017 6.75%
6 April 2015 – 5 April 2016 9%
6 April 2014 – 5 April 2015 10.5%
6 April 2013 – 5 April 2014 7%
6 April 2012 – 5 April 2013 5.5%
6 April 2011 – 5 April 2012 7%
6 April 2010 – 5 April 2011 4.25%
6 April 2009 – 5 April 2010 2.5%
6 April 2008 – 5 April 2009 6%
6 April 2007 – 5 April 2008 5.5%
6 April 2006 – 5 April 2007 3%
6 April 2005 – 5 April 2006 2.5%