Some younger state pensioners are set to receive a bumper July with two Department for Work and Pensions (DWP) state pension payments totaling up to £1,479.20, provided they normally receive their pension on Wednesdays.
Those who retired after April 2016 can get a maximum of £241.30 per week in their basic state pension, assuming a full National Insurance record. Since April 2016, the qualifying age for state pension is 66, meaning the oldest post-2016 pensioner could now be 77, depending on their birthday.
Double Payments in July
Despite lower basic payments for older pensioners, both new and old state pensioners can receive two payments in July due to the month's structure. Although state pension figures are often reported as weekly, DWP payments are actually made every four weeks.
For every four weeks, new state pensioners get up to £965.20 from their basic rate payments, provided they have maximized their National Insurance record. The exact payment date depends on the last two digits of the National Insurance number.
Who Gets Paid on Wednesdays?
According to the DWP, those whose NI number ends in digits 40 to 59 are normally paid on Wednesdays. Since July 2026 has five Wednesdays, younger pensioners with these NI numbers will receive two payments, totaling a maximum of £1,930.40 from basic rate payments, assuming a full record.
Those with incomplete National Insurance records will receive lower amounts, calculated on a case-by-case basis when they reach state pension age.
Tax Considerations
The annual sum of basic rate state pension for an older pensioner is £12,547, slightly below the Income Tax threshold. The Chancellor has announced that future state pensioners exceeding the £12,570 Personal Tax Allowance will not owe tax on their pension if they have no other income. However, Additional State Pension schemes for older pensioners will not be exempt from tax, as confirmed by HM Treasury to the Express.
