About to retire
Before you can receive your pension your employer will have to notify us of your retirement. We will then calculate your pension benefits and send confirmation to your home address, along with some forms for you to complete.
Once set up, your pension is paid into your bank account on the last working day of each calendar month and we will issue you with a P60 every April.
If you are entitled to a lump sum, or you have chosen to convert some of your annual pension into a lump sum, you will receive that after you have retired.
Find out more in the Your Retirement factsheet.