2024 Pensioners Newsletter

Page 1

Payment Dates

paymentsaremadeon the25thofeachmonth

whenthe25thisa Saturday,Sundayorbank holidaypaymentwillbe madeontheprevious workingday monthlypaymentsare madetoyourchosen bankorbuildingsociety YOUR P60'S ARE NOW AVAILBLE TO VIEW AND DOWNLOAD IN YOUR ONLINE PORTAL

And

BasedontheCPIrate ofinflationfor September2023,your LGPSpension increasedbyupto 6.7%from8April2024.

Astheincreaseto yourpensionapplies partwaythroughApril, yourAprilpayment includedboththenew andoldrates. Thenewratewillbe seeninfullfromMay's instalmentofyour pension.

News Register for ePayslips Guides
more! Pensioner NEWSLETTER2024 www.wiltshirepensionfund.org.uk
Pension Increaseof upto6.7%

Payroll Migration

Toensurewecancontinuetodeliveraneffectiveservicetoour pensioners,wehavebeensteadilyworkingtowardsourown in-housepayrollsystem.Wearedelightedtosaythishas begunandsuccessfullystartedmakingpaymentsforanyone takingtheirpensionsfromJanuary2024onwards.

WHYAREWEDOINGTHIS?

Historically,weoutsourcedthepayrollfunctiontoWiltshire Council'spayrollteam,whichutilisedrPoweredforpayslips.By managingpensionpaymentsinternally,wecanreducetherisk ofanypotentialdiscrepanciesbetweensystems.

Thismovewillalsohelpusinprovidingmoreconsistent communicationsandmakeiteasierforyoutocontactus,by bringingitalltogetherinoneplace.

WHATHAPPENSNEXT?

Overthenextfewmonthswe willbeworkingcloselywiththe WiltshireCouncilPayrollTeam tomoveallofourpensioners toournewpayrollsystem.We areaimingtocompletethisin timefortheSeptember2024 payment.

Thismeansthatthere willbeaperiodwithtwo payrollsystemsrunning alongsideeachother, withdifferentsecure portalsdependingon whenyourpensionwas putintopayment.

ANNUALNEWSLETTER

Youcanstillaccessyour ePayslipsviarPowered,Wiltshire Council'sportal Wewillcontact pensionersdirectlybeforethe movewithmoreinformation.

INTHEMEANTIMEYOU NEEDTODOWNLOADYOUR PAYSLIPSANDP60S.

CURRENTLYON RPOWERED? ALREADYONMY WILTSHIREPENSION? Clicktowatch thevideoguide forhelp downloading yourdocuments

Important:Documentsarenot beingtransferredtoMy WiltshirePension,once registeredyouwillnolonger haveaccesstorPoweredand yourpreviouspayslips/P60s.

Pleaseensureyoudownload andsavedocumentsforyour records.

NOACTIONREQUIRED. Youcanalreadyaccess yourePayslipsandamend yourdetailsviaMyWiltshire Pension.

MOVINGDAY-WE’REHERE TOHELP!

Those on rPowered will be contacted directlywhenthemoveishappening.In the meantime download your documents from rPowered and get ready for moving day by registering for MyWiltshirePension. Clickheretoregister!

www.wiltshirepensionfund.org.uk

Geoff Stephens Payroll Manager

Kelly Walsh Payroll Officer

These documents outline your annual pension payment and indicate any tax deductions for the fiscal year. WITH THE LAUNCH OF OUR INTERNAL PAYROLL WE ARE DELIGHTED TO INTRODUCE YOU TO SOME OF THE TEAM MAKING IT ALL HAPPEN!

June Suffian-War Payroll Officer

Mark Briggs Operations Manager

Maz Jenkinson Senior Systems Officer

ANNUALNEWSLETTER
Meet the team DOWNLOAD AND SAVE YOUR P60 FOR 2023/2024

In other news...

Thankyoutoallourvaluedmembers,fortakingthetimetoshareyour viewsinour2024ResponsibleInvestmentSurvey.Wearegenuinely interestedintheviewsofourmembers,andtheinformationwegain fromthesurveyhelpsustomakedecisionsonwhatwedo,andon whatwecommunicatetoourmembers.

Anamazing2,914ofourmembersrespondedtothesurvey!Thatisa 30%increasefromlastyear,when2,251peopleresponded.This demonstrateshowmuchourmemberscareaboutthistopi

Keyfindingsareshownbelow:

Visitourwebsitetoviewthefullresultsandfindoutaboutwhatactions wearetaking.SummarieswillalsobeincludedinoutAnnualReportand theStewardshipReport

www.wiltshirepensionfund.org.uk
RESPONSIBLEINVESTMENTSURVEY2024 THERESULTS!
CLICKTOVIEWTHEFULLRESULTS

Spotlight on Social

This report shines a spotlight on Social factors, and highlights some of the work we have done to investigate theseissueswithinourportfolios.

At Wiltshire Pension Fund we are passionate about investment

As part of our approach, we identify important Environmental, Social and Governance (ESG) factors to focus on. These are the factors which we believe are the most financially significant, and where we most need to manage our risks and/or see a strong investment opportunity. In a recent survey our members told us social issues were importanttothemtoo

ANNUALNEWSLETTER
CLICKTO FINDOUT MORE

Be Scam Smart

PROTECTYOURSELFFROM SCAMMERS

Eachyear,millionsofpeopleare victimtoscamswiththisincreasing eachyear,evenmoresoduetothe costoflivingcrisis Anyonecanbe targeted,andtheycomeinmany differentforms. Itisimportanttoknowthe warningsigns,whatstepsyou cantaketoprotectyourself,and whattodoifyouthinkyoumay havebeentargeted.

www.wiltshirepensionfund.org.uk
VisittheMoney
HelperWebsiteto findoutmore.
HAVE YOU HEARD ABOUT TELL US ONCE... This is a service from gov.uk where you can
a death to most government organisations at the same time.
more
clicking HERE.
report
Find out
on their website by

Stay up to date...

Is your Expression of Wish up to date?

Nominatingyourrelativesor dependentstoreceiveanylumpsum deathgrantensurespaymentscan be made quickly, without waiting for your Estate to be settled, and normally without liability for inheritancetax.

Overseas Pensioner Check

Every two years we carry out an overseas pensioner verification process, this is to confirm payments should continue for our overseas pensioners.

Prior to the next verification exercise, advance notice will be given. For further details, please check our website.

QUARTERLYNEWSLETTER
EXPRESSIONOFWISH

STAY CONNECTED TO YO

to information up-to-date review and update your Expression of Wish view your documents

Stay up to date by visiting the news pages of our website

Resources
Visitour dedicated Pensioners
Si
Website

PayslipQuery rPoweredPensioners: Email: pensionerspayrollteam@wiltshire gov.uk

Phone: 01225 713606

MyWiltshirePensionPensioners: Email: pensionpayroll@wiltshire.gov.uk

Phone: 01225 713613

ScamSmart
WiltshirePensionFundWebsite PensionCreditCalculator PayslipLogin-RPowered
Updateyourdetails StatePensionQueries Taxandyourpension
CONTACTINGUS www.wiltshirepensionfund.org.uk
MoneyHelper-freeimpartialadviceon moneyandpensions USEFULLINKS;
General query regarding yourpension Wiltshire Pension Fund
PensionEnquiries@wiltshire.
Telephone: 01225 713 613 Email:
gov.uk

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