Pension payments
Your pension is paid monthly in arrears on the 24th of the month.
Your pension is paid monthly in arrears on the 24th of the month.
If the 24th falls over a weekend your pension will be paid on the Friday before.
Your December pension will be paid earlier.
It is normally paid directly into your bank or building society by BACS (Bank Automated Clearing System).
Payslips are only issued in March, April and May and if your payment differs by £20.00 in any one month.