Pensions are usually paid in arrears in monthly instalments by the Fire & Rescue Service (FRS). Lump sums by commutation are paid by the FRS as soon as possible after they become due.
If the pension is payable at Normal Pension Age (60), an active member must make a claim for payment; if the claim is received before employment ends, payment will begin on the day after the end of employment. If a claim is not received until after employment has ended, the pension will be paid from a date after the claim is made – the FRS would notify the member of this date.
If an active member has chosen the partial retirement option, the pension is payable from the day after the date on which the partial retirement option was exercised. The first period for which an ill-health pension is payable is the day after the date on which the member's Scheme employment is terminated.
Pensions for a surviving partner and eligible children will be paid from the day after the date of the member's death. In the case of an eligible child born after the death of the member, payment would commence from the date of the child's birth.
You can nominate who you would like to receive the lump sum death benefit, but the FRS has absolute discretion as to the recipient(s), including legal Personal Representatives, as named in Grant of Probate or Letters of Administration.
If only a small pension is payable and is less than limits set by HM Revenue and Customs, subject to certain other requirements of the tax rules being satisfied (e.g. the age of the pensioner), the FRS may commute the pension to a lump sum, or they may decide to pay a small pension at less frequent intervals than the intervals at which they normally pay pensions.
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Income Tax
Your annual pension is subject to PAYE - Income Tax. As the payment of your annual pension is administered by Carmarthenshire County Council (on behalf of the Fire & Rescue Service), the Authority is obligated to comply with the coding issued by HM Revenue & Customs (HMRC).
Upon your retirement, the tax coding previously applied will continue to be operated on a Month One basis and the HMRC will then be asked to supply the appropriate code.
If your tax code is not known immediately, an 0T code (no tax free allowance) will be applied as a temporary measure.
All income tax coding queries should be raised with the local HMRC office.
Tel: 0300 200 3300
In resolving your query, you will be required to provide your Surname and National Insurance Number.
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Payment Dates - North Wales Fire & Rescue Service
Pensions are paid in arrears in regular instalments by Carmarthenshire County Council (on behalf of the Fire & Rescue Service), once they are satisfied that a member has entitlement to the award and subject to them having all the information they need.
Your pension will be paid directly into your Building Society or Bank account which ensures that it is credited to your account on the due date for payment.
Your monthly pension benefit for 2020/21 will be paid as follows:
30 April 2020
29 May 2020
30 June 2020
31 July 2020
28 August 2020
30 September 2020
30 October 2020
30 November 2020
31 December 2020
29 January 2021
26 February 2021
31 March 2021
Please Note
Your pension will be paid monthly, in arrears on the above dates and the Authority is UNABLE to pay your Fire pension directly to a Post Office Card Account.
If you have registered to the My Pension Online service, you will NOT receive paper copies of your payment advise slip or pension increase statement in April, as this information is readily available online.
Should you have any queries regarding the payment of your pension, please contact the Dyfed Pension Fund.
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Payment Dates - Mid & West Wales Fire & Rescue Service
Pensions are paid in arrears in regular instalments by Carmarthenshire County Council (on behalf of the Fire & Rescue Service), once they are satisfied that a member has entitlement to the award and subject to them having all the information they need.
Your pension will be paid directly into your Building Society or Bank account which ensures that it is credited to your account on the due date for payment.
Your monthly pension benefit for 2020/21 will be paid as follows:
30 April 2020
29 May 2020
30 June 2020
31 July 2020
28 August 2020
30 September 2020
30 October 2020
30 November 2020
31 December 2020
29 January 2021
26 February 2021
31 March 2021
Please Note
Your pension will be paid monthly, in arrears on the above dates and the Authority is UNABLE to pay your Fire pension directly to a Post Office Card Account.
If you have registered to the My Pension Online service, you will NOT receive paper copies of your payment advise slip or pension increase statement in April, as this information is readily available online.
Should you have any queries regarding the payment of your pension, please contact the Dyfed Pension Fund.
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Changing your Address
Even when you start to receive your pension, we still need to keep an up to date record of your home address, so please let us know if you move house. Without this, we are unable to issue you with a payment advise slip, pension increase statement or the annual Dyfed Pension Fund newsletter.
This can be done easily within your My Pension Online account, or you can notify the Fund in writing.
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Changing your Bank Account Details
Your annual pension is paid per calendar month directly into your bank account via BACS transmission.
As the payment of your annual pension is administered by Carmarthenshire County Council (on behalf of the Fire & Rescue Service), the authority receives a number of calls from pensioners wishing to change their bank or building society account details.
If you wish to amend your Bank / Building Society account details, you will need to notify the Dyfed Pension Fund. For security reasons, we cannot accept any change in Bank / Building Society details over the telephone.
This can be done easily within your My Pensions Online account, or you can notify the Fund in writing.
Please Note
Payroll closure normally falls around the 20th of the month, therefore any change of details received after this date will NOT become effective until the following month's payment.
For information on paying your pension into an Overseas bank account, please contact the Dyfed Pension Fund.
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Revaluation
Benefits put into payment under the FPS 2015 are increased in accordance with Pensions (Increase) Acts and Orders.
Any increase due is paid with immediate effect on ill-health pensions and pensions for surviving partners and eligible children. Otherwise it would be put into payment at or after age 55 when the pension to which it relates is put into payment.
In the case of deferred benefits, the increase would accrue from the day after the date of leaving the FPS 2015 and paid when the deferred pension is paid.
