Source: Warhammer Armies Project: Unofficial 9th Edition (v2.2)

Paymaster
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The Paymaster is the man responsible for the cash which will be used to pay the army. He always carries with him the keys of the paychest and that makes him at least as important as the General in the eyes of the mercenaries.

You must include one (and only one) Paymaster in the army. The Paymaster follows all the rules for Battle Standard Bearers. If the Paymaster is slain, all friendly units within 12" (or 18" if he has a Paychest) of the paymaster suffer -1 to their Leadership for the remainder of the game.

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