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How and when is my pension paid?

Your pension is paid directly into your bank account, using the banks automated clearing system (BACS).  Your pension will be paid on a monthly basis and is taxable.

It will be paid on the last working day of every month as follows

2015-2016 Pension pay dates
30 April 2015 30 October 2015
29 May 2015 30 November 2015
30 June 2015 31 December 2015
31 July 2015 29 January 2016
31 August 2015 29 February 2016
30 September 2015 31 March 2016

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.

Our Jargon Buster may help with pensions terminology.

Cornwall Pension Fund,
Fourth Floor, South Wing,
New County Hall,

01872 322322