Accelerating progress
We recognise that some of our service standards are still below those we, and our customers, expect. We remain extremely sorry for the delays many members have experienced in receiving benefit quotes or receiving new pension payments.
We are pleased to be able to confirm that our member experience is improving. We continue to make regular pension payments to over 118,000 retired members and beneficiaries every month. Member benefits are guaranteed, as set out in statute. Our members can also be assured that the Fund has sufficient money to make payments in full (together with any interest due) as benefit options are finalised and member elections confirmed.
Our build of increased capacity and capabilities over the last three months has helped us to reduce member waiting times. We are now delivering information and payments to members and beneficiaries more quickly. We remain committed to improving this further and continue to respond to customer feedback.
We recognise many of our members affected by delays are facing difficult and challenging times and we continue to build working practices in partnership with our employers to support our members and beneficiaries through changes in circumstances and their retirement or bereavement.
Online and face-to-face support continues to be available across the region and our colleagues are on hand to support members to access the full range of guides and personalised benefit illustration tools available through registration to the member portal.
We thank our members and employers for their ongoing support and patience.
For our latest customer update, including quick access to key information and support, please view Customer Servicing Update.