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FAQs
Will the value of my pension benefits increase now that I am receiving the pension?
How can I find out if my tax code is correct?
Why haven’t I received a payslip this month?
When is the pension paid each month?
Can my pension be paid into an overseas bank account?
What happens to my pension in the event of my death?
Can you give me information on my old age State pension?
How long can an ‘Eligible Child’ receive a pension for?
Information in this area
Yes, The Clwyd Pension Fund can pay your pension into a foreign bank account via Xafinity Paymaster who will convert your money into the relevant currency.
No. The old age State pension is administered by the Department for Work and Pensions (DWP).
Your tax code is issued by the local income tax office. If you need to find out if your tax code is correct, you should contact the tax office directly on 0845 300 0627.
A child’s pension can only be paid up to the age of 18 (or up to the age of 23 if still in full-time education or training).
Yes. The Clwyd Pension Fund sends you newsletters, P60s and Pensions Increase letters each year.
Your pension will stop as soon as the Pensions Section has been informed of your death.
Your pension is normally paid on the 28th of each month. However, if the 28th falls on a Bank Holiday or weekend, your pension will be paid on the last working day before the 28th.
Your P60 is issued each May. You should keep your P60 in a safe place as you may need it to prove how much pension you received in the last 12 months if you claim benefits such as housing benefit or income support.
You will only receive a payslip if there is a difference in the value of your pension by £5 or more.
Yes, the value of your annual pension is index linked. The pensions increase rate is determined each September and applied to the pension the following April.
Updated on: 01-Jul-2010 16:10:26
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