Pension payments
Your pension is paid monthly in arrears on the last working day of the month.
Your pension is paid monthly in arrears on the last working day of the month.
Pensions payroll always runs on the last working day of the month. Payslips are only issued normally where the net pay varies by more than £5. Everyone gets a payslip in the months of April and May and everyone gets an annual P60.
Each year a Consumer Price Index (CPI) increase is added to a pension in payment. The CPI will vary from year to year and will be adjusted where you joined the pension payroll in the last 12 months. All pensioners are written to in approximately March to notify the CPI award. The last CPI letter will be available on the website.
If you want to access a payslip other than in April or May you may access your own records by applying your secure member access (MSS)