Producing monthly pension slips for Government Pensions

I fail to see why a monthly "pay slip" is produced for those in receipt of Isle of Man Government Pensions.

In the UK an annual statement is produced which can be used for a tax return and contains a statement about what the pension will be in the following year. There is no need for a monthly pension pay slip to be produced as the payment is unchanging from month to month.unlike the salary which might vary because of eg promotion or overtime.

Why the contribution is important

This idea is important because it reduces administration costs without damaging the delivery of the core service. It means that there will be no need to produce twelve statements a year nad instyead issue just one document reducing the computer run and the need for twelve items to be mailed out to Government pensioners.

by FrancisMasserick on April 10, 2017 at 09:38PM

Current Rating

Average rating: 5.0
Based on: 2 votes

Comments

  • Posted by Litigant May 13, 2017 at 12:33

    Absolutely right! - I don't get a payslip for my state pension, it just appears in the bank.
    I don't get a payslip for my UK Private pension, just a P60 at the end of the year.
    So why???
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