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Frequency of state pension payments

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13

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  • poseidon1
    poseidon1 Posts: 1,352 Forumite
    1,000 Posts First Anniversary Name Dropper
    Having started this thread, thought I'd mention I have been consistently receiving  pension every Thursday.

     Only exception was the last  Xmas and new year bank holidays when payments moved to Tuesday for 2 weeks in December but back to normal by 2nd week of January. 

    As a result received 6 payments in December, which was gratifying but a little unexpected.


  • poseidon1
    poseidon1 Posts: 1,352 Forumite
    1,000 Posts First Anniversary Name Dropper
    I note ( unsurprisingly) from this link that there is still no overt mention of the possibility to receive weekly rather than monthly.

    That said, I suppose I should be grateful to the majority who opt to the  government to 'borrow' their weekly pension for 3 weeks, must make a useful and increasing  contribution to ease the government's borrowing requirements.

    I remain grateful to xylophone and QrizB who kindly highlighted this option. I would still be on a fortnightly payment schedule but for their advice.


  • Stubod
    Stubod Posts: 2,570 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 16 February at 7:01PM
    ..getting mine weekly, and just persuaded Mrs Sbod to do the same when the time comes...as somebody has already said..."I owe you some money, do you want it now, or in 3 weeks??....".
    Still not sure why they (DWP) don't "volunteer" this option...but I guess it's not in their interest to advertise it??
    Just makes more sense to me to have something going into the account every week...but each to their own,,,
    .."It's everybody's fault but mine...."
  • redpete
    redpete Posts: 4,734 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If I assume I pay it into an account paying, say, 3.5%, and don't spend any of it, then with weekly payments I'd be £12 better off at the end of the year.  Don't think I'll bother changing it.
    loose does not rhyme with choose but lose does and is the word you meant to write.
  • optoutDB
    optoutDB Posts: 102 Forumite
    Second Anniversary 10 Posts

    It's disgraceful that switching to weekly isn't 1 click on their website. I spent 20mins hanging on the phone before giving up for the time being. 

    Bring in Elon Musk to sort them out I say. 
  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,542 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    optoutDB said:

    It's disgraceful that switching to weekly isn't 1 click on their website. I spent 20mins hanging on the phone before giving up for the time being. 

    Bring in Elon Musk to sort them out I say. 
    But as soon as something went wrong (which does tend to happen with government IT systems) there would be no one to fix it as he'd have got rid of all the back office staff.
  • molerat
    molerat Posts: 34,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    optoutDB said:

    It's disgraceful that switching to weekly isn't 1 click on their website. I spent 20mins hanging on the phone before giving up for the time being. 

    Bring in Elon Musk to sort them out I say. 
    It is for many, MrsM can do it but I can't.


  • Qyburn
    Qyburn Posts: 3,580 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    molerat said:

    It is for many, MrsM can do it but I can't.
    I think you can only register once you've claimed. And it was a pain registering ..

    https://forums.moneysavingexpert.com/discussion/6553992/registering-on-gov-uk-manage-your-state-pension

  • poseidon1
    poseidon1 Posts: 1,352 Forumite
    1,000 Posts First Anniversary Name Dropper
    molerat said:
    optoutDB said:

    It's disgraceful that switching to weekly isn't 1 click on their website. I spent 20mins hanging on the phone before giving up for the time being. 

    Bring in Elon Musk to sort them out I say. 
    It is for many, MrsM can do it but I can't.


    Yes I did see this link previously  supplied ( I think ) from you molerat, but unless you tick to say you received a letter  rather than heard word of mouth from friends/family or other, it seems you are blocked from progressing further.


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