The majority of pensions increase annually on 1 May, whether deferred or in payment. If you are a deferred member the increased pension will be available to view securely on PensionLine from 1 May, if you are a pensioner you will receive a statement which will incorporate your P60 for the previous tax year, this will be posted to your home or registered correspondence address.
The P60 is an important tax document and should always be retained for future reference.
2025 pension increase statements will be posted on 24 April, additional notes are available below, please select the relevant scheme.
BP Pension fund
Burmah Castrol Pension Fund