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Jobs and careers

Pensioner

Islington Council pensions are paid on the 6th of each month. If the 6th falls on a week-end or Bank Holiday the pension will be paid on the first working day before. An advice statement will be sent if the net pay differs by more than £2 from the previous month.

  • The pension is paid directly into a bank or building society account by BACS (Bank Automated Clearing System).
  • In partnership with the Equiniti Group we do offer the facility to pay pensions into an overseas bank account, for our pensioners living abroad at a small cost.

Payment advice for pensions is only issued in March and April, plus in May if an index linked increase occurs. Persons in receipt of an LGPS Pension will be notified each April of any inflation proofed increase being applied, together with the payment dates for the next 12 months.

Pension recipients will be sent a P60 statement of earnings by the end of May each year, relating to payments made for the year to 5th April.

Increases to pension

Pensions are increased in line with the cost of living (Consumer Price Index) each April if a pensioner is over the age of 55. Retirements due to permanent ill health attract pension increases from any age.

The first increase to a pension after retirement (from active membership) will depend on how many months a pension has been in payment during the year.

The increases will be paid to you on the first Monday after the 5th April of each year. 

Life events

The Local Government Pension Scheme (LGPS) provides valuable life cover and financial protection for your family. If you die when your pension is in payment, the pension benefits will cease. Your spouse, civil partner, eligible cohabiting partner, next-of-kin or person dealing with your estate should inform Islington Pensions Office of the date of your death as soon as possible to avoid your pension being overpaid. We will then ask that a certified copy of the death certificate is sent to us when it is available. The final calculations of tax and balance of pension have to be processed through the pensioner payroll runs so it can take up to six weeks for us to be in a position to confirm the balance of pension due to or from the estate to your executor.

In addition to any balance of pension, there may be a spouses and/or dependent pension payable and also a lump sum death grant. Visit the LGPS website for more information about the lump sum death grant.

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