Pension payments

Pensioner Pay Dates & Information

Pensions are paid on the 25th day of the month. However, if the 25th day of the month falls on a weekend or a bank holiday, your pension will be paid on the last banking date before this.

About your pension payslips

You will receive a payslip or letter to confirm your first pension payment. You will also receive a payslip in the following circumstances.

• If your tax code changes
• Every April to tell you about your pension increase
• Every May to tell you about any budget changes
• If your pension amount changes by £5 or more from the previous month
• Apart from this you will not receive a payslip, but you can rest assured that your money will always be in your account on the last banking day of the month.