How your pension is paid
Pensions are paid monthly on the last working day of the month. If you are a member of the 2015 or 2006 scheme, your pension is paid in arrears. If you are a member of the 1992 scheme, your pension is paid monthly in advance.
Pension increases are applied annually in line with the Consumer Price Index.
Payslips and P60s are available on My Oxfordshire Pension. You will not receive a paper copy unless you have opted out of online communications.
If you retired at normal pension age
If you retired at age 60, your pension is paid unreduced, with full CARE revaluations applied up to retirement.
If you retired after age 60, you may have received an age addition - boosting your pension to reflect your later start date.
Early retirement pensions
If you retired at age 55 or later, your pension will have been reduced based on actuarial factors. These reductions remain permanent, but your annual increases still apply.