The Superannuation Arrangements of the University of London

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Pensioner Members ► How your SAUL pension is paid

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Glossary

We pay your SAUL pension on the 24th of each month to cover the whole of that month.  If the 24th falls at a weekend or on a public holiday, we will pay your pension on the nearest working day before the 24th.

We can only add new information to the payroll up to 10 working days before the 24th of each month.  So if we have not received your details in time for this, the update will only come into effect the following month. 

The first instalment of your pension will cover the entire period that starts from your retirement date and finishes at the end of the month in which you receive the first payment.  This means we pay any arrears of pension with your first payment.

If you live abroad we can:

• pay your pension directly to your bank or building society account in the UK - this does not include Post Office accounts; or
• pay it to an overseas back account in local currency (if available).

You will receive a payslip when your pension starts, every April thereafter and if your pension changes by more than £1.

Superannuation Arrangements of the University of London
1 King’s Arms Yard, London EC2R 7AF

Website last updated 18 May 2012

© 2012 SAUL Trustee Company