24/01/2024

February 2024 pension payment update

Pension payslips for 1 to 29 February 2024 were available to view from 23 January 2024. This payslip confirms any applicable changes to your pension payment in respect of GMP equalisation (GMPe). This includes a lump sum arrears payment should one have been payable.

You may have received your payslip before a letter confirming the changes due to GMPe. You will receive your letter shortly. We apologise for the confusion this may have caused. Please be assured that the changes to your pension and the arrears paid are correct.

Your revised payment and lump sum will be paid into your bank account on 25 January 2024. Please note this payment is correct in respect of your February pension payment as the F&C Asset Management Pension Plan pays members a month in advance.

If you have a question regarding GMP then please view our FAQs.

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