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Important notification on payments


The ongoing market volatility caused by the coronavirus pandemic has affected share markets around the world. As a result, and in accordance with our policies, we implemented additional verification steps before finalising the unit prices effective 16 March 2020.

This didn’t affect the processing of your transactions, however, it meant that we did not meet the banking cut-off time of 6.30pm on Tuesday 17 March 2020. As a result, some payments may be received in your bank, building society or credit union account a day later than normal.

We apologise for any inconvenience this causes.


Pension dates

The next payment date is the date we start the pension payment process, however if your next payment date falls on the weekend or a public holiday, we will start the pension payment process on the next business day.

Your pension for the 2022-2023 financial year will be processed in accordance with the table below.


Months

Nominated Date

Money Available Major Banks

Money Available Credit Union

August

15/08/2022

18/08/2022

19/08/2022

September

15/09/2022

20/09/2022

21/09/2022

October

15/10/2022

20/10/2022

21/10/2022

November

15/11/2022

18/11/2022

21/11/2022

December

15/12/2022

20/12/2022

21/12/2022

January

15/01/2023

19/01/2023

20/01/2023

February

15/02/2023

20/02/2023

21/02/2023

March

15/03/2023

20/03/2023

21/03/2023

April

15/04/2023

20/04/2023

21/04/2023

May

15/05/2023

18/05/2023

19/05/2023

June

15/06/2023

20/06/2023

21/06/2023

 

*Annual payments are made in June
*Six-monthly payments are made in December and June
*Quarterly payments are made in September, December, March and June.