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Pensioners
Pensioners

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If you're already receiving your pension, you're classed as a pensioner.

Select from the options below to find out more.

 

Your pension payments

Your pension will be paid monthly direct to your bank/building society account by the Scheme administrator, Railpen.

Tax on your pension

Your pension – like any other income – is taxed. The tax is taken from your pension payment before you receive it, based on a tax code supplied by HM Revenue & Customs (HMRC).

If you have any queries about your tax code, you should contact your tax office directly. For UK tax, telephone 0300 200 3300 and quote your National Insurance number.

Expression of wish for pensioners

If you die within 5 years of claiming your scheme benefits, a lump sum may be paid to your beneficiaries.

Find out more on the expression of wish page.

Updating your details

You can update your contact and bank details by logging into your online account or contacting the Scheme’s administrator, Railpen.

Questions about your pension

If you have any further queries about your pension, you can contact the Scheme’s administrator, Railpen or visit the FAQ section.