Published On: Wed, Nov 6th, 2019

State pension UK: When will I get my state pension over Christmas? Dates affected | Personal Finance | Finance

The state pension can be a significant part of one’s monthly income for some retirees. After the state pension has been claimed, and the individual has had their first payment, it will usually then be paid every four weeks.

For those who have 40 up to 59 as their final two National Insurance number digits, the day is Wednesday.

Between 60 to 79, the payment day of the week is Thursday, while it is Friday for those with final two digits ranging from 80 to 99.

It may be that the state pension is paid earlier than usual if the normal payment day is a bank holiday.

This year Christmas Day is on a Wednesday, while Boxing Day falls on a Thursday.


This means that those who usually get paid on a Wednesday or Thursday of this week in the month may see their payments being paid earlier than they would usually.

Into the new year, New Year’s Day is also a bank holiday and this also falls on a Wednesday.

State pension claimants are set to get a bonus during December – if they were present or “ordinarily resident” in the UK, Channel Islands, Isle of Man, Gibraltar, any European Economic Area (EEA) country, or Switzerland during the qualifying week, which is normally the first full week of December.

This is known as a Christmas Bonus, and is a one-off tax-free £10 payment which is made before Christmas.

Universal Credit payments may also get their payment at a time which is not when they usually would.

This state benefit is paid to eligible recipients on a monthly basis.

However, the Department for Work and Pensions (DWP) said it is paid early if the payment date falls on a bank holiday or weekend.

Source link

Most Popular News