Pension start date

santamed

Be grateful if any one can please explain; I (female) was 60 on the 9th August 2010 and was told that I would not get my pension until the 6th January 2011. Ok I understood that. I received written confirmation that my retirement date was 6 Jan 11, but I have today received a letter that I will receive 4 weeks pension benefits from 11th Jan to 7th Feb and four weekly after that.
I telephoned the pension office and asked where the missing 5 days had gone between retirement date confirmed by them and the start of my pension from the 11th Jan. I was just told that under the new regulations I lost those days? I cannot find any information on their website - could any one please explain why I lose 5 days pension.

thanks

ffacoffipawb

santamed wrote: »

Be grateful if any one can please explain; I (female) was 60 on the 9th August 2010 and was told that I would not get my pension until the 6th January 2011. Ok I understood that. I received written confirmation that my retirement date was 6 Jan 11, but I have today received a letter that I will receive 4 weeks pension benefits from 11th Jan to 7th Feb and four weekly after that.
I telephoned the pension office and asked where the missing 5 days had gone between retirement date confirmed by them and the start of my pension from the 11th Jan. I was just told that under the new regulations I lost those days? I cannot find any information on their website - could any one please explain why I lose 5 days pension.

thanks

I think the pension starts from the Monday following retirement date.

January 11th was the first Monday after January 6th, and it is from this later date the penion starts.

I am sure dunstonh would be able to confirm that I am not talking utter b0ll0cks here!

Loughton_Monkey

Benefit payment changes that start from April 2010

The changes also affect the payment of State Pensions. If you reach State Pension age on or after 6 April 2010 you will be paid in arrears on a day linked to your National Insurance number. This means you will be paid at the end of your pay week, not from the start. Your payday is the day you normally receive your payment (sometimes called your ‘pay week-ending day’).

The last two digits of your National Insurance Number are between 80 and 99?

http://www.direct.gov.uk/en/Pensionsandretirementplanning/StatePension/DG_069498

anmarj

what you have been told is correct, unless you are on certain benefits before spa then you do not get any part week payments, even if you had been under the old rules and your birthday did not fall on your pension payday you would not of got any part payment either.

santamed

Sorry I am obviously having one on those days but I still do not understand why I am getting paid on a Monday. My NI number ends in 70 so I would read from the Govt site that my pay day should be a Thursday. Sure they are right but just trying to get my head round it. Thanks

Copies from Govt Pensions Site

"Your payday is the day you normally receive your payment (sometimes called your ‘pay week-ending day’).

The Pension Service will use the last two numbers of your NINO to work out your new pay week-ending day, as shown in the following table.
Last two numbers of National Insurance number Pay week-ending day 00 to 19 Monday 20 to 39 Tuesday 40 to 59 Wednesday 60 to 79 Thursday 80 to 99 Friday

casey_junior

santamed wrote: »

Be grateful if any one can please explain; I (female) was 60 on the 9th August 2010 and was told that I would not get my pension until the 6th January 2011. Ok I understood that.

thanks

Just out of curiosity, why was your pension not due from 9th August?

p00hsticks

casey_junior wrote: »

Just out of curiosity, why was your pension not due from 9th August?

Because from April this year, womens state pension age is gradually being increased from 60 to 65 (and then on to 66 alongside men).

http://www.direct.gov.uk/en/Nl1/Newsroom/SpendingReview/DG_192159

casey_junior

p00hsticks wrote: »

Because from April this year, womens state pension age is gradually being increased from 60 to 65 (and then on to 66 alongside men).

http://www.direct.gov.uk/en/Nl1/Newsroom/SpendingReview/DG_192159

That link says that only ladies born from 53 on are affected, the OP was born in 50, doesn't make sense.

jem16

casey_junior wrote: »

That link says that only ladies born from 53 on are affected, the OP was born in 50, doesn't make sense.

It's this bit that mattered;

"On 6 April 2010, the State Pension age for women started to increase gradually from 60 to 65, to match men’s."

Mikeyorks

santamed wrote: »

- could any one please explain why I lose 5 days pension.

From a briefing paper prepared for MPs ...... as obviously this is a FAQ from their constituents?

Retirement Pension is a weekly benefit because generally it follows employment for which wages are paid at regular intervals. This is why regulations provide that the pension should be a weekly benefit and is not payable for part weeks or at different rates for different parts of a week. This does mean that no pension is paid for any odd days between retirement and the first following pay-day but there is 'another side to the coin'. Regulations also provide that any change of circumstances which would result in a reduction or cessation of pension should not take effect until the following pay day.

...... and, perhaps less helpfully

The principle that pensions should only be payable from a given pay day is actually a very longstanding one which goes back to before the introduction of the National Insurance system in 1948. As long ago as February 1940, MPs were questioning its fairness, and Ministers were replying that any loss at the beginning was compensated for by a gain at the end:

ffacoffipawb

Mikeyorks wrote: »

Quote:
Retirement Pension is a weekly benefit because generally it follows employment for which wages are paid at regular intervals. This is why regulations provide that the pension should be a weekly benefit and is not payable for part weeks or at different rates for different parts of a week. This does mean that no pension is paid for any odd days between retirement and the first following pay-day but there is 'another side to the coin'. Regulations also provide that any change of circumstances which would result in a reduction or cessation of pension should not take effect until the following pay day.

So I was right in post #2 then?