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Pension payments delay

Posted 9 July 2015 1:22pm

There has been a problem with the bank processing pension payments today.

Commonwealth Superannuation Corporation apologises for any delay that has occurred.

Our bank has advised that they are completely focussed on having all payments processed to pensioner accounts as soon as possible.

Many payments, particularly those to the major banks, have been credited to accounts. They expect to see the balance of such payments effected from 1.00pm this afternoon, with the remaining accounts at the affected other banks and credit unions following during the afternoon. There is a chance that some payments may not hit pensioners’ accounts until tonight – our bank is working to quantify this potential and to speed up the payments wherever possible.

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