State pensioners born after 1951 (men) or 1953 (women) are due to receive £965 from the Department for Work and Pensions (DWP) this Friday. While most benefit payments will go out as usual in August, bank holidays may affect the date depending on where you live.
The Summer Bank Holiday falls on Monday 31 August for England, Wales and Northern Ireland. Scotland observes this holiday earlier, on Monday 3 August. Payments due on bank holidays are typically made on the preceding working day, so some claimants will receive their payment on July 31.
Payment Schedule Based on National Insurance Number
The basic state pension is paid every four weeks, with the specific day linked to the last two digits of your National Insurance (NI) number. The schedule is as follows: 00 to 19 – Monday, 20 to 39 – Tuesday, 40 to 59 – Wednesday, 60 to 79 – Thursday, 80 to 99 – Friday.
What the DWP Says
The DWP confirmed: "After you've claimed your State Pension you'll get a letter about your payments." The new State Pension is usually paid into your account every 4 weeks. If you want to change the account, you should inform the Pension Service. Different rules apply if you live abroad.
When making a claim, you specify when you'd like to start receiving your State Pension. Your first payment will arrive no later than 5 weeks after the chosen date. You'll then receive a full payment every 4 weeks. You may receive a partial payment before the first full one. The confirmation letter will provide details on what to expect.
