Payment of your pension

We pay your pension into your chosen Bank or Building Society in 12 monthly instalments. Pension payments occur on the 9th or the 22nd of each month. Where the 9th or the 22nd is a Saturday or Sunday (or a Bank Holiday) payment is the Friday before.

Your pension payslip

We send your first pension pay advice slip when you receive payment for the first time. You will only receive further pay advice slips if your:

• monthly pension changes by £5 or more
• bank details change
• tax code changes

 Changes are likely to occur to your pension :

• in April when it is revalued in line with the Pensions Increase
•  when any new tax codes are applied

Find out about how the Pensions Increase is added to your pension.

Checking your payslip

You can view your monthly pension pay figures at my pension online

Your pension payroll number

All new pensioners have their own unique pension payroll number. Your pension payroll number is on your pay advice slip.

Please quote your pension payroll number when contacting us. This is to ensure we can identify your pension record.

Your P60

We send you a P60 at the end of each tax year in May. Your P60 shows the total pension we have paid you and the amount of tax (if any) we have deducted in that year. You must keep your  P60 safe as we cannot provide replacement or duplicate copies and you may need it for tax purposes.

If you need to reference details from your P60, you can view your annual P60 figures at my pension online.