State pensioners in the UK should be alert to potential changes in payment dates this month, due to the Christmas period’s bank holidays possibly altering the usual schedule. To figure out if your state pension payment date might be affected, take a look at the two-digit code at the end of your National Insurance number – it determines your standard payment day.
If it turns out that you’re scheduled to receive your pension on Christmas Day or Boxing Day (Wednesday and Thursday for this year), anticipate an early deposit. The Department for Work and Pensions (DWP) advises online: “The day your pension is paid depends on your National Insurance number. You might be paid earlier if your normal payment day is a bank holiday.”
Here’s how to know when you’ll get your state pension based on your National Insurance number:.
– Between 00 and 19 – payments on Mondays.
– Between 20 and 39 – payments on Tuesdays.
– Between 40 and 59 – payments on Wednesdays.
– Between 60 and 79 – payments on Thursdays.
– Between 80 and 99 – payments on Fridays.
Note that if your National Insurance number falls between 40 and 99, Christmas bank holidays will likely affect you, meaning you’d receive your funds on the next available working day, which is Tuesday, December 24.
State Pension won’t be the only payments impacted by the bank holidays next month. Claimants of both DWP and HMRC may also see their payments issued early if they fall on one of the festive bank holidays.
This can include, but isn’t limited to:
- Universal Credit
- Pension Credit
- Disability Living Allowance
- Personal Independence Payment
- Attendance Allowance
- Carer’s Allowance
- Employment SUpport Allowance
- Income Support
- Jobseeker’s Allowance
- Maternity Allowance
- Child Benefit
More details can be found on GOV. UK here.
