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 2017/18 are as follows:

Friday 31 March 2017

Friday 28 April 2017

Wednesday 31 May 2017

Friday 30 June 2017

Monday 31 July 2017

Thursday 31 August 2017

Friday 29 September 2017

Tuesday 31 October 2017

Thursday 30 November 2017

Friday 22 December 2017

Wednesday 31 January 2018

Wednesday 28 February 2018

Thursday 29 March 2018

*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 three months in 2017/18 where payment will be made earlier than 6th because it falls on a weekend i.e. Friday 5 May 2017, Friday 4 August 2017, and Friday 5 January 2018.