bppensionergroup

A new chapter begins at @bp_plc on 1 April. A golden opportunity to reset. BP's UK pensioners have seen real-terms cuts since 2022 despite a strong fund. Now is the moment to do the right thing. Honour the long-standing pension increase policy and restore trust.

On 1 April 2026, BP enters a new chapter with the appointment of Meg O'Neill as CEO. For thousands of UK defined benefit pensioners, long-standing concerns around pension increases remain unresolved. A new dawn offers the chance for a new conversation.

“Our deeds determine us, as much as we determine our deeds.” — George Eliot @bp_plc leadership deeds: 🔴 REJECTED fair pension increases 🔴 REFUSED to honour a 30+yr policy 🔴 REBUFFED pensioners’ calls Deeds define legacy. BP’s has become one of broken trust.

Many think of the 3 R’s as reading, writing & arithmetic. @bp_plc 3 R’s? 🔴 Rejected trustees’ requests for cost-of-living rises 🔴 Refused to honour a 30+ yr pension policy 🔴 Rebuffed meetings with pensioner reps More: bppensionergroup.org

@bp_plc says the 1989 BP Pension Increase Policy was withdrawn in 2006. Yet no evidence that staff or pensioners were told, and no documents prove it. Publish the evidence — or be damned.

@JohnRalfe1 @bp_plc Why does it angst you so much?

@bppensioner @bp_plc Apart from tweeting every so often what's your Plan B?

IT'S TIME TO DO THE RIGHT THING @bp_plc's pension dispute isn’t going away. Thousands of members of BP’s UK defined benefit pension scheme have been in dispute with the company since 2023, when BP walked away from its long-standing policy on inflation related pension increases.

@bp_plc See bppensionergroup.org for details on the pension dispute.

2Q has been another strong quarter, both operationally and strategically. We are delivering our plan to grow the upstream and focus the downstream.

I received a message from someone made redundant from @bp_plc : “What you are doing matters deeply — perhaps more than many people realise until they step out of the company and begin to truly feel the long-term weight of these pension decisions.” bppensionergroup.org/join

Has @bp_plc created a UK pensions scandal? What do you think?

Pension Fund Trustees: the law is clear. Knowingly harming members’ benefits isn’t just wrong — it could be a criminal offence under the UK 2021 Pensions Act. 🔒 Protect pensions. 🚫 No reasonable excuse. #BPPensions

“Stuff and nonsense.” This describes @bp_plc's excuses for refusing all affordable discretionary pension increases proposed by Pension Trustees. - No extra cost to BP. - No evidence of harm to stakeholders. - And “global fairness”? BP already varies pay and pensions by country.

WE ARE STILL HERE @bp_plc - No meetings. No apologies. No justice. But BP pensioners aren’t backing down. We’ll keep going until this is resolved – one way or another.

@bp_plc But @bp_plc you are still harming your pensioners, reneging on promises given and silent bullying any voice that speaks out. Why are you acting against our @bp_plc Code of Conduct and behaving immorally? #bp #BPPensions #CodeofConduct

Staying fresh 🫧 We’re thrilled to announce first gas has been safely delivered from the Mento development, a 50/50 joint venture between bp and EOG Resources Trinidad (EOG), with EOG as the operator. Mento is one of the 10 major projects scheduled to start up before 2027 and our second start up in the region just this year – plus, it aligns with our strategy, as we grow our upstream business. Congratulations, bpTT! Explore more: on.bp.com/4dCXFFu

@bp_plc has been accused of walking away from its long-standing pension increase policy — even as profits soar and executive pay rises. Pensioners deserve better.

To find out about the BP pension dispute visit: bppensionergroup.org

Please add your thoughts and comments on what this says about BP.

@HawthorneSJJ You can read all the details here bppensionergroup.org

@HawthorneSJJ No, but the ones with big surpluses SHOULD make discretionary increases. In BP’s case when it persuaded us to join, accept lower wages than peers, and contribute to the scheme, it told us its policy was to allow discretionary rises “whenever possible”. #BrokenPromises

@bppensioner Not many DB schemes go above capped inflation limits of 5 or 3 percent with disc rises - this could mean an 'under the radar' retirement income cut of thousands of pounds over a lifetime. Fingers crossed that the BoE and the Chancellor keep the UK inflationary beast in its cage.

City wrangles over plan to get pension funds to invest more in the UK thetimes.com/article/419a0e…