How soon after retiring will I be paid my lump sum?
This will depend upon whether you have AVCs as these can only be disinvested once your final AVC has been received and cannot be disinvested before your retirement date. You may wish to consider stopping AVCs the pay period before you retire to reduce the impact of having to wait to disinvest your AVCs.
If we have fully completed paperwork in advance of your retirement date then if you have no AVCs we aim to pay your lump sum on the next business day after the day you retire.