Your pension is paid directly into your bank account, using the bank's automated clearing system (BACS). Your pension will be paid on a monthly basis and is taxable.
Pension pay dates
Your pension will be paid on the last working day of every month as follows:
Month |
Pay date |
April 2024 |
30th April 2024 |
May 2024 |
31st May 2024 |
June 2024 |
28th June 2024 |
July 2024 |
31st July 2024 |
August 2024 |
30th August 2024 |
September 2024 |
30th September 2024 |
October 2024 |
31st October 2024 |
November 2024 |
29th November 2024 |
December 2024 |
31th December 2024 |
January 2025 |
31st January 2025 |
February 2025 |
28th February 2025 |
March 2025 |
31st March 2025 |
What if I live abroad and have an overseas bank account?
If you live abroad it may take a few extra days for your pension to clear into your overseas bank account, therefore it is likely that your pension will be received a few days after the dates specified above.
You will receive a P60 at the end of each tax year, which will show you the amount of pension you have received and the tax deducted.
For information on payslips please view when will I receive a payslip