Pensions & Benefits Newsletter

incorporating your benefits, your way

Welcome October 2011

Enrolment for your benefits, your way is just around the corner. There is much to consider and this newsletter provides some important updates.
In particular, this is the first enrolment following the introduction of the reduced Annual Allowance and more pensions legislation is due to come into force.
There are also updates on the generous benefit programmes open to you. Read on to help you to make the right choices for you and your family for 2012
and beyond.

Get ready for the your benefits, your way The Lifetime Allowance Helping you look after your health
annual enrolment reduction and what Get more details on how you may benefit
Enrolment for your 2012 benefits starts on 15 November. BP is doing from BP’s health programmes that help
See what’s changing and what’s new, including a great you to look after your health
annual Personal travel insurance benefit Read the full article

Read the full article Read about the 2012 changes

Voluntary benefits update
See the recently launched improvements,
New Personal travel insurance benefit Making your pension choices including the free premium upgrade to
If you’re looking for a great value in November Black membership
annual travel insurance policy, for N
BENEW With the Annual Allowance restrictions,
EFI
Find out what more you get!
you and your family, with or without T this year’s pension choices will be more
winter sports, look no further than complicated for some of you
this new-for-2012 benefit Need personal advice & support?
Read all about Personal travel insurance Find out what BP is doing to help The Employee Assistance Programme
(EAP) is available for you, and provides
more than counselling support
Employee benefit days The impact of changes to the
All the details are here
Find out which BP benefit providers State Pension Age

11
will be near you in October What will the Government’s plans for
increasing the State Pension Age Keeping you on the road
mean for you?
Find out more about the new BP Staff Fuel card,
plus information on the new personal business
Find out the details Find out now mileage rates and discounts on Ford cars
Find out how you can save on motoring
The 2011 Annual Allowance (AA) Improvements to Life assurance
and how to pay the tax charge Employees now have increased life cover
Charitable giving
If your annual pension savings increase in value of four times salary as standard
by more than the AA you’ll be expected to Learn how you can help others, and take
declare this as part of your tax self-assessment advantage of BP making it twice as
worthwhile for everyone

Learn about what you need to do See how you might benefit Read more here

DB
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
Get ready for the
your benefits, your way
Enrolment for your benefits, your way is just around the corner and it’s
time for you to start thinking about what benefits and cover is appropriate
for you and your family in 2012.
What happens when?
The key dates you should note are:
Employee benefit days
Enrolment leaflet
Enrolment begins
Enrolment ends
Online confirmation statement
Benefits effective
annual enrolment
Your chance to explore specific 11 to 20 October 2011
benefits and the options available
with the actual providers. See the
article for locations and dates
Outlines how to access the your 15 November 2011
benefits, your way website and
gives you a summary of the
benefits available
Now is the time to go online and 15 November 2011
make your choices
This is the last day to make changes 7 December 2011
and submit choices
Confirms your benefits that will After enrolment closes
take effect from 1 January. New for
2012, you will be able to log in and
download or print a PDF version of
your statement
Your 2012 benefit choices take effect 1 January 2012
1
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
Get ready for the
your benefits, your way
annual enrolment
Other your benefits, your way changes for 2012
Cycle to work
The Government has recently confirmed two significant legislative
changes that directly impact the provision of a ‘cycle to work’
scheme for a company’s employees. As a consequence of this,
anyone who wishes to take advantage of the scheme at this annual
enrolment should read all the information provided carefully when
enrolment opens. The two changes reduce the potential financial
advantages of the scheme to employees. In summary they:
• Remove the ability of BP to pass on any VAT saving to you in
the monthly cost, and
• Require BP to enforce a ‘fair market value’ contribution at the
end of the annual contract if you are offered the opportunity
to keep the bike.
However, you are still able to make a potential saving on the net cost
to you as the amount of certificate you choose is free of income tax
at your marginal rate (of 20%, 40% or 50%) and National Insurance.
Following these changes, we will review the attractiveness of
this benefit in 2013 based on the take-up at this enrolment and
employee feedback.
Life assurance
From 1 April 2011, BP increased the level of Life assurance cover
provided to all members of the Defined Benefit sections of the
BP Pension Fund to four times salary. This improvement also
applies to employees eligible for the Defined Contribution (2010)
Pension Plan. Read the article for more details.
continued
Easier access to Charitable giving information
We have made it easier for you to access the new and improved
Charitable giving options for BP employees worldwide. Read the
article for more details.
Online confirmation statements
This year we will be providing you with the ability to log on
to the your benefits, your way website and download or print a
PDF version of your statement which confirms your benefits that
will take effect from 1 January 2012. This will replace the paper
version which we had previously mailed to home addresses.
We will let you know when these are available after enrolment
has closed.
What about buying and selling holiday through
flexible benefits?
BP is not able to introduce buying and selling holiday within
your benefits, your way for 2012. There are operational
issues for BP to resolve, including appropriate management
of absences and leave by managers and employees alike.
Please note that there will be an additional bank holiday in 2012
to celebrate the Queen’s Diamond Jubilee. The 2012 late May
bank holiday will be moved to Monday, 4 June 2012 and an
additional Jubilee bank holiday will be on Tuesday, 5 June 2012.
Due to operational requirements some employees may be
required to work, as normal procedures will apply. Your manager
will tell you if you are affected.
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What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
New
Personal travel insurance
N
BENEW
benefit EFI
T
Following feedback from many employees, we have introduced Personal
travel insurance this year. Personal travel insurance provides annual
year-round cover, at a discounted rate, for losses that may occur while
travelling on holiday. You can choose from European or worldwide cover,
including or excluding winter sports. Cover can be for you, and you can
extend it to include your spouse/partner and your family.
If you currently have an annual travel insurance policy, you should consider a single trip policy if
it expires before 31 December this year. You will also be able to select cover during 2012 once
your existing policy comes to an end. Check out the cover levels and rates when enrolment starts
in November.
BP has partnered with Sutton Winson who will provide this benefit. Owing to their restrictions,
this benefit is available to employees on the UK payroll only.
If you select Personal travel insurance and confirm cover, you will receive two emails from
Sutton Winson. The second email will contain your insurance documents. You will need to save
the documents appropriately. The documents are compatible to be viewed on a smartphone.
Please choose your cover carefully as you will not be able to change between European
or worldwide cover or add winter sports mid-term. You will only be able to change who
is covered at a relevant life event. Please see the your benefits, your way website
at enrolment for more details.
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
Employee
benefit days
As part of our preparations for the opening of the annual your benefits, your way enrolment
window in November, we are holding Employee benefit days as follows:
• Sunbury on 11 October
• 20 Canada Square on 12 October
• Aberdeen on 20 October
Many of the key benefit providers will be present, as will the UK Pensions & Benefits team. You
will have the opportunity to find out more about the BP benefits on offer and to ask any questions.
The aim is to use these as a trial to extend the benefit days across all the main UK sites in 2012.
In the meantime, if you do have a question about your benefits, please call the your benefits, your
way helpline on 0800 916 8013, Monday to Friday 9.00 to 17.00 UK time (or +44 1737 227513
if calling from overseas). Alternatively, you can email bpyourbenefits@towerswatson.com
If your query is specifically pension related please contact the UK Pension & Benefits team. The
contact details are available on PensionLine at https://pensionline.bp.com
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What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
The 2011 Annual Allowance
and how to pay
the tax charge
If your annual pension savings increase in value by more than £50,000, the Annual Allowance
(AA) in 2011/12, you will be required to declare this as part of your annual tax self-assessment.
For members of the BP Pension Fund, BP will be providing you with a full statement in relation to
the 2011 scheme year that will be relevant for your 2011/12 tax year. This will be in the New Year
and we will let you know when it is ready.
If you are liable for an AA tax charge, as well as being able to settle this through the
usual self-assessment process, HM Revenue & Customs have confirmed proposals to allow
employees to pay the charge direct from their accrued pension benefits. In practice, this means
that in return for payment of the charge by the pension scheme, your pension benefits will be
reduced accordingly. This option is referred to as ‘scheme pays’ and will only be available when
the AA tax charge is at least £2,000.
More details of this will follow during 2012, together with how and when you will be able
to elect for ‘scheme pays’ if you are impacted.
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
The Lifetime Allowance
reduction and what
BP is doing
The Lifetime Allowance (LTA) which currently stands at £1.8 million is set to reduce to £1.5 million
from 6 April 2012. This follows announcements made by the Government in October 2010 on
restricting pension tax relief.
The LTA was introduced in April 2006 setting a maximum value of tax-advantaged benefits you
can receive from all UK-registered pension schemes. You can earn pension benefits above the
LTA, but you will pay additional tax on the excess when they come into payment.
Until 5 April 2012, any individual who is a member of a UK registered pension scheme, like the
BP Pension Fund, who expect the value of their total pension benefits to exceed £1.5 million
when they come into payment, has the opportunity to register for a new form of protection
called ‘fixed protection’ with HM Revenue and Customs.
In summary, fixed protection means your LTA will be fixed at £1.8 million rather than the
standard LTA of £1.5 million from 6 April 2012. However, there will be restrictions on pension
savings going forward. Fixed protection will cease, if, in the future, the standard LTA rises
above £1.8 million.
You cannot register for fixed protection if you:
• already have primary protection from the LTA, or,
• continue to hold enhanced protection from the LTA on or after 6 April 2012.
Your benefit statement on PensionLine tells you how your BP Pension Fund pension benefits
compare to the current LTA. Remember, it is your total benefits, from all UK registered pension
schemes, not just the BP Fund that is used to compare to the LTA.
UK Pensions & Benefits will be looking at how members of the BP Pension Fund will be affected
by the LTA change shortly. More information will follow later this year. However, as with most
Government changes, the onus is on the individual to register for fixed protection. This must be
completed before 6 April 2012 so you should actively begin reviewing your total pension benefits
to determine if you will be affected.
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
Making your pension
choices in November
IMPORTANT For BP Pension Scheme members only
During the upcoming your benefits, your way enrolment window in November, employees
in the BP Pension Scheme will continue to have the opportunity to review and, if appropriate,
change the rate at which their pension builds up (known as the ‘accrual rate’) from
1 January 2012.
Will the Annual Allowance (AA) affect me in 2012?
We recognised the difficulty associated with the Government’s introduction of the new AA and
sent a variety of communications earlier this year to explain how it all works, and how it could
apply to you.
For many, the AA will not be a relevant limit as the increase in the value of your benefits will
not exceed £50,000.
However, for some it will, and those impacted will be faced with a choice of:
• whether to remain at your preferred accrual rate but potentially incur an AA tax charge for
2012, or
• to take action to reduce your accrual rate and mitigate or eliminate your AA tax charge.
For this year’s your benefits, your way enrolment in November, it will be possible for you to
determine the effect of an accrual rate change on the amount of benefit. However, it will be more
difficult to determine the effect on your AA, as this depends on being able to predict the increase
in your benefit over the year. This in turn requires an estimate of any salary increase you may
receive in 2012, which won’t be known until well into 2012.
1
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
Making your pension
choices in November
Helping your decision in November
To help you, PensionLine will be updated with an estimator in
which you can enter a chosen accrual rate, estimated 2012 salary
increase and retirement date. Based on these assumptions, it will
then show you the increased total pension benefit you will accrue,
and an estimate of your potential AA calculation for 2012. You must
understand that the results will only be an estimate. There will be
a link to this tool on the your benefits, your way website. You will,
of course, also be able to access the tool directly within PensionLine.
IMPORTANT – You should note that if you wish to change your
pension accrual rate, you must enter this on the your benefits,
your way website.
continued
What happens if my actual 2012 pay review differs from
the estimates I use in November?
In March 2012, BP UK Pensions & Benefits will perform a series
of calculations based on your planned pay review. At this time,
you will not be allowed to make any changes UNLESS you are
shown to be in a situation where your AA calculation is estimated
to exceed £50,000.
If you are in this situation, you may be offered the choice to reduce
your accrual rate which will in turn reduce your AA for the year, or
to take alternative action to mitigate the effect of the AA.
It is important this November that you make the best use of the
choices available to you in your benefits, your way.
2
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
The
impact of changes to the
State Pension Age
Proposed changes to the State Pension Age (SPA) were announced as part of the Government’s
latest Spending Review. The proposals are expected to be passed into law shortly.
Your SPA is the earliest age you can start to draw your State pension. The changes will mean that
the SPA for both men and women will start to increase to reach 66 by April 2020. The increase in
SPA to 65 for women, which is already underway, will also be brought forward.
Women will be affected by the latest SPA changes if they were born between 6 April 1953
and 5 April 1960 and men if they were born between 6 December 1953 and 5 April 1960.
If you are affected, you may not be able to draw your State pension until later than you are
expecting. You can check your SPA by visiting www.direct.gov.uk and clicking on ‘Pensions
and retirement planning’.
What you need to know
In this section
Get ready for the your benefits,
your way annual enrolment
New Personal travel
insurance benefit
Employee benefit days
The 2011 Annual Allowance
and how to pay the tax charge
The Lifetime Allowance
reduction and what BP is doing
Making your pension choices
in November
The impact of changes to the
State Pension Age
Improvements to Life assurance
Home
Other updates and articles
Improvements
to Life assurance
Life assurance provides a cash lump sum to your nominated beneficiaries in the event of your death.
This is based on a multiple of your salary and is provided by BP at no cost to you. Any benefit payable
on your death will normally be paid tax free to your beneficiaries.
All Defined Benefit sections of the BP Pension Fund In the DC 2010 Plan, the minimum cover is two times salary and
From 1 April 2011, BP increased the level of Life assurance cover the maximum cover is 14 times salary. There is no change to these
available choices.
provided to all Defined Benefit plan members of the BP Pension
Fund to four times salary. As the default cover has changed, the following will be implemented
Previously, this was three times salary, unless you were paying at the upcoming annual enrolment if you do not make a choice.
contributory options in the BP Pension Scheme. The cost of this
Current level If you make no choices, you will receive
improvement is met by the Company.
of cover the following from 1 January 2012
Please remember to keep your personal details up to date and Multiple of salary Multiple of salary Cash adjustment
amend your nominees if your circumstances change. This can be 2x 2x Difference between
done by completing and maintaining an expression of wish form 4x and 2x
which is available on PensionLine at: https://pensionline.bp.com
3x 4x (in line with Nil
and following the path: I want to >Update something >Login to
new default)
secure area using BP1 account >Expression of wish
4x 4x (in line with Nil (although you
Defined Contribution 2010 Pension Plan (DC 2010 Plan) new default) will cease paying for
the additional 1x you
In line with the changes to the Defined Benefit sections of the
originally selected)
BP Pension Fund, BP increased the default core Life assurance
for employees eligible for the Defined Contribution 2010 Plan 5 to 14x 5 to 14x Difference between
choice and 4x
or the DC expat section of the Global Pension Trust from three
to four times salary from 1 April 2011. You can select your appropriate level of cover for 2012 in the
upcoming your benefits, your way enrolment from 15 November.
Life assurance in Defined Contribution plans is designed differently
to Defined Benefit plans as the lump sum can also be used to buy
dependants’ benefits on death, so there is a choice of cover with
a minimum and maximum multiple of salary available.
What you need to know Other updates and articles

Other updates and articles

Helping you
your health
Helping you look after

look after
your health

Voluntary benefits update

Need personal advice

& support?

Keeping you on the road BP helps employees to look after their health in many ways. Here we
remind you of some key benefits of these programmes.
Charitable giving
Private medical insurance – how it works and why you might want it
Home
Paid for by BP, there are many reasons to take advantage of Private medical insurance for you
and/or your spouse/partner/family:
• Typically, you will have a quicker route to getting your condition diagnosed, assessed and
treated than under the NHS.
• There are also more choices available to you. In discussion with your GP, you can choose your
consultant and you will be seen by the same consultant throughout your treatment, resulting
in continuous care. You also have more choice about where you want to be treated within
the Bupa network, have access to a private room and, in most cases, have unrestricted visiting
hours for stays in hospital.
• Joining the BP plan has advantages when compared to other options available on the high
street. Currently these include ‘Medical History Disregard’ so if you are a member of the BP
healthcare plan and you have a recurrence of a condition then it may well be covered in the
future – in some plans these would be excluded and you would need to use the NHS or meet
your own cost.
• It’s also low cost – you only pay income tax at your marginal rate (20%, 40% or 50%)
on the cost to BP of employee cover, and any cover for dependants is at favourable rates
when compared to other available alternatives.
• And finally, if you are a member and need to make a claim it is relatively straightforward, often
starting with a simple referral from your GP, followed by a phone call to the BP Bupa helpline.
So if you are not a member or haven’t covered your dependants, you may wish to consider taking
advantage at the upcoming your benefits, your way enrolment.

1
What you need to know Other updates and articles

Other updates and articles

Helping you
your health
Helping you look after

look after
your health

Voluntary benefits update

continued
Need personal advice
& support?
Health screening – have you had yours yet?
Keeping you on the road Health screening booking and
Your continuing personal good health is of importance not only to you and your family, but to
cancellations – beware!
Charitable giving BP too. Prevention is often better than cure and a BP Health screening provides an opportunity
for you to understand your current health. It also helps you to work towards managing any Health screenings are held at a date
Home health issues you may have and prevent future ill health. and time suitable to you. However,
we recognise that unforeseen events
As part of the drive to help you maintain and improve your health and wellbeing BP provides can sometimes overtake planned
a free health assessment, once every three years, for all employees. Since its introduction commitments. For this reason,
last year, over 70% of UK employees have taken advantage of a screening and feedback from
you can change or cancel your
attendees has been very positive.
appointment up to three working
However, we also know that some people don’t like the idea of screening and would only see days before the appointment date
a doctor if they really had to. While healthy eating and regular exercise can reduce your risk of without incurring any charge.
disease, it doesn’t mean you have no health risks – for the full picture, you are advised to see
a professional. The Bupa team are all very relaxed and friendly. This is an opportunity for you However, cancellations outside of
to ask all those questions you don’t want to bother your GP with. this timeframe will trigger a charge:
£75 (gold screening), £50 (silver
Most results are available on the day of the screening and a detailed confidential report with screening) or, in the event of a
an action plan, if necessary, normally follows about two weeks later. If you choose, your GP cancellation or no show within 24
can also have a copy of the results. working hours of the appointment,
Screenings are available at Bupa centres nationwide and can be arranged for a date and time the full cost of the screening will
convenient to you. It’s simple to arrange an appointment – if you haven’t already done so just call be levied. For this reason, your
Bupa on 0800 0289 256. Attendance is not compulsory, but we would urge those that have not personal credit card details will be
yet taken up this free offer to do so. requested by Bupa when you book
your screening. No charge will be
made unless you cancel within three
working days of your appointment.
If the reason for your cancellation was
wholly work-related and you receive
your line manager’s authorisation, the
cost can be reclaimed via e-Expenses.

2
What you need to know Other updates and articles

Other updates and articles

Helping you
your health
Helping you look after

look after
your health

Voluntary benefits update

continued
Need personal advice
& support?
Wellness checkpoint – what is it and why use it?
Keeping you on the road
Wellness checkpoint is a completely confidential online questionnaire and record system to
Charitable giving help you understand and manage your health, and identify ways to improve. For example:
‘Had your Bupa screening?’ Come back and store the information here.
Home
‘Had some health changes?’ Pop them in the system and watch your profile be updated.
‘Getting advice from a GP, gym or physiotherapist?’ Record it all online.
By keeping your information up to date, you can get relevant advice on health matters and
be better informed about you. To access Wellness checkpoint go to
https://bpglobal.wellnesscheckpoint.com
We think this is a useful and effective way to help you become more aware of how you can manage
and improve your health and have positive health outcomes. We feel so strongly about this we are
running competitions commencing in Q4 2011 to encourage all staff to register and use the Wellness
checkpoint. For those who have already registered, you also have an opportunity to win prizes. Simply
revisit and you will be in the draw in 2012.
There will be monthly competition winners and prizes include iPods, iPhones and iPads. There will
also be a large Christmas draw.
And as next year is a very important year, we will be having a special event in May, a Wellness
diamond celebration!

Bupa Helpline
As a Bupa member, if you have any queries or questions about your health, call the confidential
24-hour Bupa Healthline where Bupa’s qualified nursing team have the time to listen and the
skills to help whatever your health question or concern.
Call the Bupa Healthline on 0845 6077 777.

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What you need to know Other updates and articles

Other updates and articles

Voluntary benefits
update
Helping you look after
your health

Voluntary benefits update

Need personal advice

& support?
Free upgrade available now!
Keeping you on the road
We are pleased to announce that BP has upgraded the
Voluntary benefits site membership from Red to Black. This
Charitable giving
gives those employees who have signed up to the site at
Home https://bp.corporateperks.com/login access to premium
offers, such as transferring the cash value of any points into
their bank account at any time.
If you have not already done so, to access the Black membership
you will need to select it when you next log on to the site. If you
do not upgrade, you will not receive the benefits listed below.
Reloadable gift cards
The Voluntary benefit provider, Next Jump, has also replaced
paper gift vouchers with reloadable gift cards with most fees
and charges removed to give greater savings, as well as offering
you the following benefits under the Black membership:
Discounts and savings
• Gift cards with savings of up to 15%
• Over 50 retailers across the UK, including multi-brand cards
(Love2shop and Arcadia)
• Bigger savings through reduced fees
• Online purchases in conjunction with upfront discounts,
e.g. at Debenhams and M&S
Points usage
• Transfer your points onto gift cards
• Pay with points and avoid credit card charges
Ease of use
• Gift cards can be used in-store and online
• Online top up
• Free First Class delivery
• Three working days for delivery
More deals local to you
In partnership with Living Social, Next Jump has introduced Local
Deals to include offers covering all major cities in the UK. New deals
will be added on a daily basis and you will be able to save with both
upfront discounts and points.
For example, receive 50-90% upfront discounts on local services,
such as:
• Restaurants
• Theatre
• Sports car driving days, go-karting
• Massages, manicures/pedicures, spa and beauty treatments
Don’t forget, you can earn points on top of purchases for additional
discounts to spend elsewhere on the site or transfer onto a gift card.

Did you know?

•  ,200 UK employees have registered on:
5 • The average spend per person is £30 a month
https://bp.corporateperks.com/login • The biggest spend is on electronic goods (30%),
• You can also sign up your family and friends followed by travel (17%) then fashion (12%)
• Average total spend is £85,000 a month
What you need to know Other updates and articles

Other updates and articles Need personal

advice & support?
Helping you look after
your health

Voluntary benefits update

Need personal advice

& support?
Have you heard of the Employee Assistance Programme (EAP)?
Keeping you on the road
Do you want access to professional advice and support? The EAP can help with both personal
Charitable giving and work-related problems. The service is free and confidential to all BP UK employees.

Home The EAP is aimed at providing support for your welfare on a wide range of issues. It provides
support to you through a confidential telephone helpline and, if appropriate, subsequent
face-to-face counselling and/or a referral service for the support you need.
Some of the areas it can support include:
• Financial information, such as exploring different options appropriate to your situation and
demystifying mortgages, tax and borrowing
• Debt counseling, including examining your financial commitments and spending, and advising
on debt management
• Specialist information, including guidance on rights and responsibilities, law and procedures,
and support for negotiating day-to-day issues, such as finding a suitable childcare provider.
All of this is free of charge to you. Furthermore, it is important to understand that the
service is completely confidential to you, and no one at BP will know anything relating
directly to you.
The EAP is provided by PPC who have skilled individuals who can support, coach and direct you.
It is available 24 hours a day, seven days a week. You can learn more by accessing the EAP section
on the BP People portal website at https://bppeople.bpweb.bp.com/irj/portal# and following
the path: Reward >Benefits >Life benefits >Employee assistance programme
Alternatively, you can access the provider site directly at www.ppconline.info (username: BP,
password: energy). You can also call +44 (0)808 100 2051 to speak to one of their trained staff.
What you need to know Other updates and articles

Other updates and articles

Keeping you
on the road
Helping you look after
your health

Voluntary benefits update

Need personal advice

& support?
The BP Staff Fuel card launched on 1 September! Have you signed up yet?
Keeping you on the road
The BP Staff Fuel card (previously called the ‘BP Staff Loyalty Scheme’) was re-launched on
Charitable giving 1 September 2011. The card offers BP employees at all UK BP sites, a discount of:
• 3 pence a litre on regular fuels, and
Home
• 6 pence a litre on Ultimate fuels
If you already have a BP Staff Loyalty card, the benefits of the new BP Staff Fuel card have been
carried over so you can continue using your Loyalty card. If you haven’t got one yet, read on.
As an employee, we want you to feel connected to our Retail and Fuel offer in the UK and be proud
of BP. We recognise the value of our employees in influencing other motorists and encourage all
employees to get first-hand experience of our brand, offer, products and services. So have you
signed up yet for the new BP Staff Fuel card?

How to apply for the BP Staff Fuel card

For more information on the BP Staff Fuel card and to apply, simply visit the your benefits, your
way website and follow the path: Voluntary Benefits >BP offers or search for ‘Fuel Card’. Then
complete and return the Application Form. You can also log into the Voluntary benefits website
direct via: http://bp.corporateperks.com/offer/index/offerid/47394/uSource/HPREM. Please
note that if you have recently visited the Voluntary benefits website, this link will take you straight
to the relevant page. If you are visiting this site for the first time, you will need to sign up as a new
member by creating a password.
For full plan details, please refer to the BP Staff Fuel card Plan Rules and Terms & Conditions which
can be found on the your benefits, your way website. If you do not have a NT ID and cannot
access the website, please email bpcardsadmin@bp.com for a copy of the Application Form,
Plan Rules and Terms & Conditions.

1
What you need to know Other updates and articles

Other updates and articles

Keeping you
on the road
Helping you look after
your health

Voluntary benefits update

continued
Need personal advice
& support?
On the road with BP Are you insured for business mileage?
Keeping you on the road
BP has over 1,100 quality sites, giving us the largest and most If you are planning to use your private car on Company business,
Charitable giving strategically located network in the UK. To find a BP service station, you are responsible for ensuring that your insurance policy covers
visit our Retail website (http://www.bp.co.uk/retail) and click on this. BP does not insure employees driving in their private car on
Home Site Locator. Alternatively, so long as you are not driving, you can Company business.
find your nearest site by texting ‘BP’ to 83333.
This is also a good opportunity to remind you that your private car
BP is associated with Nectar, the largest loyalty scheme in the UK, should be taxed and have the MOT in place, where applicable.
and when using your new BP Staff Fuel card you can also collect
Finally, it is mandatory that you have read the Group Driving
Nectar points. If you don’t already have a Nectar card, you can sign
Standard and adhere to the provisions of the Standard (as well as
up at www.nectar.com
the relevant laws and regulations). You can find the Standard at:
Change to Approved Mileage Allowance http://officesafety.bpweb.bp.com/en/OS_Essentials/driving.aspx
Payments (AMAPs)
Enhanced discounts on Ford cars
HM Revenue & Customs announced an increase in AMAPs for
BP has recently negotiated new enhanced discounts on all Ford cars
business mileage from 40 pence per mile (ppm) to 45 ppm from
which are exclusive to BP employees through the Employee Car
6 April 2011.
Plan, the Ford Car Purchase discount or the Ford and Volvo car
As a result, the BP mileage allowance rate for business mileage lease scheme.
travelled in vehicles under the Company Ownership Scheme,
For more information, go to:
Employee Car Plan and drivers of privately-owned vehicles has
www.zenith.co.uk/bpemployees (Employee Car Plan)
increased from 40 ppm to 45 ppm for the first 4,000 miles with
www.fordcarscheme.com (Ford and Volvo car lease scheme)
effect from 19 May 2011.
The BP mileage allowance rate for over 4,000 miles remains
unchanged at 25 ppm.
This information can be found on the BP People portal:
https://bppeople.bpweb.bp.com/irj/portal#
And follow the path: Reward >Benefits >Cars >Mileage allowance
Please note that the AMAP rates do not apply to the Business Car
Ownership Scheme or to Business Car Plan drivers.

2
What you need to know Other updates and articles
Other updates and articles
Helping you look after Charitable
giving
your health
Voluntary benefits update
Need personal advice
& support?
Keeping you on the road BP values and rewards your energy, enthusiasm and the time you spend working with schools,
charitable organisations and community groups.
Charitable giving
In 2010, through the BP Employee Matching Fund, BP employees
Home across the world contributed, along with the BP Foundation match,
$17 million to charitable organisations.
You can give through three methods – time, effort and gifting – and
the BP Foundation will match your contributions up to $5,000 a year.
UK employees who wish to make regular contributions to their
charities using the ‘gift’ method can do so through ‘Give As
You Earn’ (GAYE).
Accessing and setting up Give As You Earn
Go to https://access.bpglobal.com/bpMatch. You will need to
be logged on to the BP network. You then need to read and agree
to the Terms & Conditions.
Select the link GIFT. Download a form under Payroll Giving/Give
As You Earn (GAYE)/UK employees. Submit the form to the BP
People service centre with the contact details provided on the form.
How to give money using Give As You Earn (GAYE)
There are two options available to you.
1) Nominated Charity option
When you want to give to the same charity or charities each
month, you can donate any amount subject to a minimum of
£10 for each named charity. Matching is done automatically
each quarter under this option, subject to the Terms & Conditions
of the Matching gifts programme.
2) Personal CharityCard Account option
This option gives you flexibility in your choice of charity, the
amount you want to donate and when you want to give it.
It works like a bank account – your monthly donations are placed
in your Personal CharityCard Account for you to make donations
as you wish. You can donate any amount subject to a minimum
of £10 for each named charity. Under this option, you will need
to submit an online matching gift request each time you write
a cheque to a charity so your donation can be matched.
Matching gift, effort and time, and team time programmes
The matching gift, effort and time programmes enable you
to request a match grant on behalf of a school or other eligible
non-profit organisation to which you have:
• Made a financial contribution (gift)
• Raised funds during a sponsored pledge event (effort)
• Done volunteer work (time).
The team time programme enables a team of BP employees
to request a matching grant on behalf of a school or other eligible
non-profit organisation for which the team has volunteered in
support of an event or project.
To find out more about these approaches, go to the global site at:
https://access.bpglobal.com/bpMatch. You will need to be
logged on to the BP network. You then need to read and agree
to the Terms & Conditions.
Select the relevant link for gift, effort and time, and team time.
Read the matching requirements needed to qualify and then click on
‘Submit a request’.