Your pension is paid on the 15th of each month. If the 15th falls on a weekend or on a bank holiday, it will be paid the previous working day.
Month | Pay Date |
April 2023 | Friday 14th |
May 2023 | Monday 15th |
June 2023 | Thursday 15th |
July 2023 | Friday 14th |
August 2023 | Tuesday 15th |
September 2023 | Friday 15th |
October 2023 | Friday 13th |
November 2023 | Wednesday 15th |
December 2023 | Friday 15th |
January 2024 | Monday 15th |
February 2024 | Thursday 15th |
March 2024 | Friday 15th |
The Fund will never call members to ask for their bank details. If we have any questions about bank details we would email or write to you. Similarly we do not accept bank detail changes over the phone. You can find out more about pension scams and keeping you pension safe on our scams page.
If you want to change the account your pension goes into, you must either:
We cannot accept change to bank details over the phone for security purposes.
Be aware that payroll closes approximately 1 week before your pension is due to be paid (normally 15th of the month). As such, if your bank details are given later than this your pension will be paid into your old account, rather than the new one. Pension payments will then be paid into your new account from the following month.
The Fund does not issue monthly payslips. Payslips are only issued:
If you wish to check your payslips you can do so online with My Pension+ - our secure online service which gives you instant access to information on your pension.
Once we have received all your retirement paperwork we will process your pension for payment. Pensions are paid on the 15th of each month, with payroll closing around 1 week before. So your first payment will depend when we receive your paperwork.
If you are getting a lump sum, this will be paid around 10 working days after we receive your paperwork.
Since the introduction of auto enrolment in 2012, more of us are now paying into a workplace pension than ever before.
Billions of pounds worth of pensions are sitting unclaimed in pension pots, and many of us might not know they even exist.
As the cost of living crisis continues, many of us might be reviewing our outgoings, considering if and where we can cut back on any extra spending.
We might be able to spot trick-or-treaters at our doors this autumn, but do we know the tell-tale signs of a pension trickster?