Pension payments

Learn about monthly and lump-sum pension payments, as well as pension payment dates and exchange rates.

Monthly pension payments

Your monthly pension payment will be deposited directly to your bank account.

Lump-sum pension payments

You may be able to receive a lump-sum pension payment. Here’s what you need to know about eligibility, tax considerations and more.

Cost-of-living adjustments

Your monthly pension payment may increase to reflect increases in the cost of living.

Cost-of-living adjustment history

Cost-of-living adjustments, if granted, become effective January 1 of each year.

What are the pension payment dates?

Find out when we deposit your payment into your bank account and see the U.S.-Canada exchange rates we’ve used for retired members living in the U.S.