Thanks to the bank holiday, the DWP is paying the Full State Pension – which means for men born in 1951 or later, and women born in 1953 or later – £921 early.
State pensioners born after 1951 are set to be paid £921 on Friday – in an unexpected move from the Department for Work and Pensions (DWP). Thanks to the bank holiday, the DWP is paying the Full State Pension – which means for men born in 1951 or later, and women born in 1953 or later – £921 early.
If you’re typically paid on Monday, because Monday May 26, is a bank holiday, younger state pensioners will instead receive it three days early on Friday, May 23. The National Insurance codes affected are 00 to 19.
The basic State Pension is usually paid every 4 weeks into an account of your choice. If you want to change the account, tell the Pension Service. The day your pension is paid depends on your National Insurance number.
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If the last 2 digits of your National Insurance number is 00 to 19 then the day your State Pension gets paid is Monday. If the last 2 digits of your National Insurance number is 20 to 39 then the day your State Pension gets paid is Tuesday.
If the last 2 digits of your National Insurance number is 40 to 59 then the day your State Pension gets paid is Wednesday. If the last 2 digits of your National Insurance number is 60 to 79 then the day your State Pension gets paid is Thursday.
If the last 2 digits of your National Insurance number is 80 to 99 then the day your State Pension gets paid is Friday. There are different rules if you live abroad.
When you claim your delayed (deferred) State Pension you’ll be asked when you want it to begin. You’ll get your first payment at the end of the first full week in which you want to start getting your pension.
If you’ve been paid too much then you may have to repay the money if you. This is if you did not report a change straight away, gave wrong information or were overpaid by mistake.