3.10.3.10 Timing of Payment Delivery

Summary

Pensions, FTB, PP and MOB are generally delivered to the recipient's account 2 working days after the end of the recipient's entitlement period (1.1.E.125).

Recipients paid a social security benefit, other than PPP usually have their payments made to their accounts the day after the end of their entitlement period.

The difference in the timing of delivery of payments is a result of the processing requirements of financial institutions and the Government's requirement that the payment delivery for social security benefits should not be reduced. Prior to payment cycles, benefits other than PPP, were delivered on the following working day. Payments can only be delivered on a weekday, not Saturday or Sunday.

Act reference: SSAct section 23(1)-'social security pension', section 23(1)-'social security benefit'

Policy reference: SS Guide 3.10.2.70 Changing an Entitlement Period, 3.10.3.80 Changing a Payment Delivery Day

FA Guide 1.2.1 Family tax benefit (FTB) - description

Last reviewed: 8 May 2017