Cincinnati Machine Pension Plan
We’ve designed our pensioner payroll service with security and reliability in mind. It guarantees your pensioners will be paid regularly, on time and all for a fixed fee.
To reduce risk and protect scheme assets, our service includes a regular monthly mortality check to make sure every beneficiary is entitled to a payment.
Our pensioner payroll service is provided through your client service team, to maintain full integration between administration and payroll. It also means that your members have a single set of contacts to handle all aspects of their pension.
The service is BACS accredited, HMRC compliant and can include payments to overseas beneficiaries.