Royal mail pension payment dates
Royal Mail pension payment dates can vary depending on the type of pension scheme you are a member of and your individual circumstances. However, here are some general guidelines on when Royal Mail pension payments are typically made:
Royal Mail Defined Benefit Pension Scheme (DB)
- Payments are made on a monthly basis, usually on the 25th of each month.
- The payment date may vary if the 25th falls on a weekend or bank holiday.
Royal Mail Defined Contribution Pension Scheme (DC)
- Payments are made on a monthly basis, usually on the 25th of each month.
- The payment date may vary if the 25th falls on a weekend or bank holiday.
Royal Mail Pension Increase Payments
- Annual pension increases are usually paid in March each year.
- The payment date may vary if the 25th of March falls on a weekend or bank holiday.
Other Payment Dates
- If you are due to receive a lump sum payment, such as a one-off payment or a payment for a death in service benefit, this will usually be made on the 25th of the month following the date of the event.
Important Notes
- Payment dates may be affected by bank holidays or other public holidays.
- If you are due to receive a payment on a day when the Royal Mail's bank is closed, the payment will be made on the next working day.
- You should check your pension statement or contact the Royal Mail Pension Fund Administrator (PMI) if you have any questions about your pension payment dates.
Please note that these are general guidelines and payment dates may vary depending on your individual circumstances. It's always a good idea to check with the Royal Mail Pension Fund Administrator (PMI) or your pension scheme administrator for specific payment dates and any changes to your pension payments.