I recently received my lump sum, which was exactly the value stated on the letter from the TPS. However, my first payslip, for the first pension payment next week, shows a different amount than I was expecting. It is less than a third of the lump sum. I am going to phone TPS to query this but I wondered if anyone had found the same. Is the lump sum exactly three times the pension, or am I missing something? Or could the TPS possibly have made a mistake?