When will my wife get her pension?

bigfreddiel

oscarward wrote: »

That's when I got mine, SPA 20/10/15 1st payment 17/11

At last someone who answered the question with a real example.

So in plain English, four weeks after you reach state pension age.

In my case I reach 65 on 4 July, so it's payment is 1 Aug. Now why couldn't any give a straight forward answer like that.

Thanks oscarward fj

Uh-oh 1 Aug is a bank holiday! But I won't worry about that right now!

xylophone

This is still as clear as mud to me, from the above "....payment will start from the day you reach State Pension age."

http://www.pensionsadvisoryservice.org.uk/about-pensions/the-state-pension/how-is-it-paid

You are entitled to the pension from your 65th birthday and will be paid on your allocated pension day four weeks in arrears - this would be 1 August but if an allocated pension day falls on a Bank Holiday, the pension is paid in advance on the last working day of the previous week.

greenglide

this would be 1 August

Assuming the periodicity is four weekly then the actual date it is paid on will depend on the renewal cycle it is on, these are calculated from the NINO.

From the renewal cycle you can determine which week out of the four the payment is made. This is fixed, based on the NINO.

You will get a First Payment Advice when the first payment is processed, about a week before it is due, this will tell you what the due date is.

t0rt0ise

bigfreddiel wrote: »

Uh-oh 1 Aug is a bank holiday! But I won't worry about that right now!

1st August is not a Bank Holiday. August holiday is 29 August in UK.

xylophone

1st August is not a Bank Holiday.

It is in Scotland.

maximumgardener

bigfreddiel wrote: »

At last someone who answered the question with a real example.

So in plain English, four weeks after you reach state pension age.

In my case I reach 65 on 4 July, so it's payment is 1 Aug. Now why couldn't any give a straight forward answer like that.

Thanks oscarward fj



Uh-oh 1 Aug is a bank holiday! But I won't worry about that right now!

yes fj.....i'll give you my example but you are pretty much spot on ...expect first payment approx 4 weeks after your SPA, if claiming on that date.

I was SPA on 17th Feb 2015 a Tuesday at (65) . made my claim in advance by phone where the lady I spoke to was very helpful and advised me my first payment date would be 4 weeks later , paid in arrears on (or very close to) 19th March 2015, thereafter 4 weekly on a Wednesday. Thats what happened......welcome to the club!! MG:beer:

greenglide

expect first payment approx 4 weeks after your SPA, if claiming on that date.

It isnt as simple as that as it depends on the renewal cycle.

If you claim by phone the clerk should be able to tell you when it would be paid though without just "four weeks".

xylophone

Maximum Gardener and Oscar are on old state pension so should be as here?

https://www.gov.uk/state-pension/what-youll-get

"The basic State Pension

The maximum you can get is £119.30 per week.


How it’s paid

The day your pension is paid depends on your National Insurance number.

Last 2 digits of your National Insurance number

00 to 19 Monday
20 to 39 Tuesday
40 to 59 Wednesday
60 to 79 Thursday
80 to 99 Friday

Your first payment is made at the end of the first full week after you reach State Pension age. It won’t include the time between reaching State Pension age and your normal payment day if that’s less than one week.

Example

You reach State Pension age on Monday 16 December 2013 and your first payday is a Friday.

The first full week ending on a Friday after the Monday you reached State Pension age is Saturday 21 December to Friday 27 December.

You won’t be paid between 16 December and 21 December because this is less than one week.

The basic State Pension is usually paid every 4 weeks into an account of your choice. You’re paid ‘in arrears’, ie you’re paid for the last 4 weeks, not for the coming 4 weeks.

There are different rules if you live abroad.


Last updated: 6 April 2016

The New State Pension is different in that the pension starts from the day of the 65th (or whatever it might be) birthday.

xylophone

There were objections to the old system.

http://www.thisismoney.co.uk/money/experts/article-2677759/Why-did-state-pension-payment-arrive-five-days-AFTER-65th-birthday.

http://www.moneywise.co.uk/pensions/managing-your-pension/the-government-underpaying-my-state-pension

bigfreddiel

greenglide wrote: »

It isnt as simple as that as it depends on the renewal cycle.

If you claim by phone the clerk should be able to tell you when it would be paid though without just "four weeks".

Greenglide, you've given some great answers on state pensions in other posts, so is it possible to work out the renewal cycle from date of birth and/or NINO?

Cheers fj