State pension paid monthly

gbswales

le_loup wrote: »

Oh dear! How tragic. Having to be paid weekly.
Find something serious to moan about people.

I for one resent your allegation that this is "moaning". The pension is NOT paid weekly (unless you collect it in cash from a post office - assuming you still have a local post office!) but every 4 weeks in arrears which means that the date changes each month making it difficult for people on limited income to plan. Most bills are collected on the same day every month, most other payments are made on the same day every month - it is ONLY the state pension that is different.

I wish people would try to read and understand posts before making unhelpful comments

gbswales

CLAPTON wrote: »

are you sure that a newspaper is a good source?

The BBC are usually a reliable source and at least their statements are uncomplicated unlike those on the DWP site. I agree that for final confirmation and more detail, DWP is the place to go but for a simple indication of what is available BBC is as reliable as anyone. I can understand them moving to payment in arrears, after all most bills are in arrears too but they work hard to hide the weekly fortnightly options and don't offer a monthly option at all (only 4 weekly which is quite different)

greenglide

The pension is NOT paid weekly (unless you collect it in cash from a post office

Yes it can be. Benefits paid at the Post Office are actually paid by a transfer into a bank account (a "POCA" account) and payment weekly to any other account is possible. But the default periodicity is four weekly and you would have to specifically request weekly, it generally isn't offered.

I suspect the the same will be true of STP, at least in the early days. In the legislation and regulations it is a weekly benefit which makes it difficult to pay both weekly and monthly. Of course if it was completely new .....

seven-day-weekend

My State Pension is paid weekly into my bank account. My husband was not given this option though, when he claimed his in January this year. I think this is because he was on Incapacity Benefit which was paid four-weekly.

le_loup

gbswales wrote: »

I for one resent your allegation that this is "moaning".

Well it only took you two years to become resentful. Have you been wondering about this all that time?

iris

seven-day-weekend wrote: »

My State Pension is paid weekly into my bank account. My husband was not given this option though, when he claimed his in January this year. I think this is because he was on Incapacity Benefit which was paid four-weekly.

I was also on Incapacity Benefit, but I was able to choose to have my State Pension paid weekly.

anamenottaken

The option to be paid weekly rather than 4-weekly depends on the rules in place at the time you became eligible to recieve the state pension and is not about being on any other benefit.

I have deferred my state pension for a number of years and have the right to be paid weekly. Those with a more recent eligibility will not be able to opt for weekly pay.

bengal-stripe

gbswales wrote: »

The pension is NOT paid weekly (unless you collect it in cash from a post office - assuming you still have a local post office!) but every 4 weeks in arrears......

Until April 2010 one of the options to receive state pension was to be paid by bank transfer weekly in advance (which presumably most pensioners used). This option was abolished in 2010 and new claimants had the choice between either four- or thirteen-weekly in arrears. (Claims prior to April 2010 are continued weekly in advance, unless the claimant has opted for change.)

As many people have difficulty budgeting, I believe, weekly in arrears is available at special request.

xylophone

As many people have difficulty budgeting, I believe, weekly in arrears is available at special request.

It doesn't have to be a case of

difficulty budgeting,

- you might just like having a weekly top up to your bank account!

This was certainly the case with a relative who recently became eligible for the state pension after a few years of drawing his occupational pension - he just requested the weekly in arrears option when he claimed.

bengal-stripe

xylophone wrote: »

This was certainly the case with a relative who recently became eligible for the state pension after a few years of drawing his occupational pension - he just requested the weekly in arrears option when he claimed.

It is quite possible the rules have changed and weekly payment of state pension is now a routine option. But a few years back it was a concession (for those, whose claim had begun after April 2010) and you had to give the DWP a good reason why you needed to be paid weekly.