August Pension Payment Information

We have received inquiries regarding the timing of August pension payments.

As outlined in the ACAW Pension Plan member booklet, pension payments are electronically deposited on the first day of each month. If the first day of the month falls on a weekend or statutory holiday, payments are made on the next business day.

This year, August 1 fell on a weekend, and the following Monday was a statutory holiday. As a result, pension payments were processed on Tuesday, August 4, 2026.

Some financial institutions may make deposited funds available before the scheduled payment date, while others make funds available on the actual payment date. These practices are determined by individual financial institutions and are outside of the Plan's control.

We understand that timely receipt of pension payments is important. To help avoid confusion in the future, we will continue to communicate upcoming payment dates whenever the first day of the month falls on a weekend or statutory holiday.

Thank you for your understanding.


Sincerely,

ACAW Pension Plan Administration