State pension payment date to change this month in shake up from DWP​

The Department for Work and Pensions will pay state pensioners their allowance early this month.

Those who get monthly installments will receive their money three days sooner than usual.

Typically, the state pension is paid every four weeks.

If a payment is due on a bank holiday or weekend, the funds will be distributed on the next working day.

It means that state pension money will be given this Friday, August 25 instead of the following Monday.

The Department’s offices and phone lines will be closed on August 28 because of the Bank Holiday, and officials say that the change in payment date will give staff the time to address any queries from recipients.

Those who receive benefits such as Tax Credits will also receive their payments on Friday.

If a payment is late in arriving, Britons are told they should check the date on their award notice and contact their bank before contacting DWP. explains: “Benefits are usually paid straight into your bank, building society or credit union account.

“If your payment date is on a weekend or a bank holiday you’ll usually be paid on the working day before.”

While the early payment may sound it good news, it means that millions of Britons will get their money early, it also means that the gap between this month’s payment and the next one will be slightly longer.

State pension payments have risen significantly this year due to high inflation.

Those who qualify for the full new State Pension receive £203.85 per week, while those who qualify for the basic State Pension receive £156.20.

The state pension triple lock protects pension payments, so retirees can expect another significant increase next year.

The system causes pension payouts to climb by the greatest rate of inflation, or 2.5 percent, each year.

Over the last year, average earnings have increased by nearly 7%.

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