Important dates for pensioners

Date Activity Description
25th of each month Pension Payment If the 25th is on a weekend or public holiday, the payment is made the
preceding working day.
Quarterly Pay Slips Pension pay slips.
Annually 1 March Pension increases Pension increases in accordance with the pension increase policy. The
effective pension increase is on 1 March each year, however, the Board
of Trustees only assesses the financial position of the pensioner account
following the completion of the Annual Financial Statements in May/
June each year. The back-dated pension increase is then implemented
after the Board Meeting in May/June.
Annually  IRP5 Your IRP5 will be mailed to you which should be taken into account in
the completion of your tax returns.
Ad hoc Data verification A data verification form will be mailed to you from time to time whereupon you need to return the completed
form before the deadline stipulated.
Every five years Election of pensioner representative on the Board of Trustees You will receive a nomination letter to nominate a candidate. Once all the successful nominations have been received, pensioners will be asked to vote.

 

 

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