British Steel Pension Scheme

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Pension Payment Dates

Monthly pensions are due in advance on the first working day of each month* and are usually paid into your bank account on the last working day of the preceding month. This is to allow for possible delays in the banking system.

Payments to building society accounts and bank accounts outside the UK can take longer to process.

The payment dates for 2012/13 are as follows:

Monday 30 April 2012
Thursday 31 May 2012
Friday 29 June 2012
Tuesday 31 July 2012
Friday 31 August 2012
Friday 28 September 2012
Wednesday 31 October 2012
Friday 30 November 2012
Friday 21 December 2012
Thursday 31 January 2013
Thursday 28 February 2013
Thursday 28 March 2013

*For those members in receipt of a pension paid formerly through the Corus Engineering Steels Pension Scheme (CESPS) payroll, payment is generally made on the 6th of each month.  There are four months in 2012/13 where payment will be made earlier than 6th because it falls on a weekend or bank holiday i.e. Thursday 5 April, Friday 4 May, Friday 5 October and Friday 4 January 2013.