For pensioners and dependants
You’re getting a Scheme pension
Your pension is paid to you on the 15th of each month. If your payment date lands on a weekend or a bank holiday, you’ll be paid on the previous working day.
Barnett Waddingham, the Scheme administrator, looks after your benefit payments. You can view your pension payslips and P60 online by logging in to Clarity from BW.
Latest news
View allChanges to pension salary sacrifice – but only from 2029
In the Budget on 26 November, the chancellor, Rachel Reeves, announced a cap on the amount of National Insurance (NI) savings that can be made when people pay their pension contributions using salary sacrifice.
Pension increase for 2026
Your Scheme pension is reviewed each year and is increased in April in line with inflation, as measured by the Retail Prices Index (RPI) for the previous September.
A change to the Trustee Board
We wrote to you in January 2025 confirming that the Trustee of the Scheme was required to run a process for the appointment of Member Nominated Trustee Directors (MNTDs), and inviting applicants.
