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State pension first payment
bigfreddiel
Posts: 4,263 Forumite
When should you receive your first state pension payment after reaching state pension age?
I believe it depends on the payday which is determined by the last two digits of your NI number, in my case 06 which makes my payday a Monday.
I actually turn 65 on a Monday in July, so I think my first payment will be the following Monday. This because you need a full week after turning 65 before the state pension gets paid, and that is from the .gov web.
Does that make sense?
Cheers fj
I believe it depends on the payday which is determined by the last two digits of your NI number, in my case 06 which makes my payday a Monday.
I actually turn 65 on a Monday in July, so I think my first payment will be the following Monday. This because you need a full week after turning 65 before the state pension gets paid, and that is from the .gov web.
Does that make sense?
Cheers fj
0
Comments
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Unlike the old system nSP always pays for the days from SPa to the first payday which seems fairer. The downside is that when you die you only get paid up to the date of death, rather to the following payday with the old system. Not many recipients will complain of that!
So if your SPa date is a Monday and you have a Monday payday you have a single days entitlement for that Monday. If you are paid weekly the first payment will be for that single day, paid on the Monday, the SPa date.0 -
Thanks greenglide, one other point, I thought that by default the state pension (new or old) was paid every four weeks, or thirteen payments per year. When I claimed there was no option to specify a payment period.
Cheers fj0 -
Interesting, thanks and a fine example how to make something simple very confusing and hard to follow.
The answer seems to be we will tell you what you what we think you want to know just before it happens. If you don't like what happens you can change it after the event.
Why not just tell us at a more appropriate time, Ie earlier, what's going to happen, when it's going to happen, and what the options are?
Cheers fj0
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