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State pensiob
barbedhook
Posts: 173 Forumite
I get my state pension in sept my birthday is on the 10th when I phoned up to claim it theytold me my payday was Tuesday and I would get 2 days payment on 11th sept then every 4 weeks. Is your weekly pension divided by 5days or 7 and can you be paid weekly or fortnightly if you want thanks
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Comments
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You can be paid weekly but not fortnightly.0
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If you are entitled to 2 days payment then it is calculated as 2 sevenths. If you are entitled to (say) £180 a week then this is (180 * 2) / 7 = £51.43 (.004 rounds down and .005 rounds up as usual).0
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In my experience you have to insist if you want it weekly, but then they will do it.
For us a four-weekly pension would be woefully inconvenient.Free the dunston one next time too.0 -
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can you be paid weekly
Yes but you must make a specific request - it will be weekly in arrears.0 -
You can get paid fortnightly. Members of my family do get paid thus.
For full details type SN00260 into Google.
This is House of Commons Library
BRIEFING PAPER
Number CBP-260, 27 October 2017
State Pension payment arrangements
Regulation 22CA specifies that the new State Pension is paid in arrears, at intervals of one week, two weeks, four weeks, or 13 weeks, if the beneficiary agrees.
• Regulation 22DA specifies that the new State Pension is payable in respect of the period “beginning on the day on which the person reaches pensionable age or the first day in respect of which the person makes a claim for their state pension”. The first payment is paid pro-rata, calculated at a daily rate, if the period it covers (between State Pension age date and first payment day) is less than a week. This eliminates the possibility of a “payment gap” at the beginning of a claim.[/I]0 -
Just phoned up and changed my payment to fortnightly easy to do tele 08007310469 thanks for your help0
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