Pension

Thanks everyone

Pantglas2

The benefit of getting it paid every four weeks is that once a year there’s a month with two paydays 😊 and it feels like Christmas!

In fact, the 'extra' month funds my Christmas.

My state pension is paid every four weeks and my private pension is paid every month.

I was unaware that State Pension was paid a month in hand - what an unpleasant discovery that was!
I was unaware that it could be paid weekly and have no recollection of having a choice. Might look into it…

Mines fortnightly

Pantglas2

The benefit of getting it paid every four weeks is that once a year there’s a month with two paydays 😊 and it feels like Christmas!

I agree! 😂

The benefit of getting it paid every four weeks is that once a year there’s a month with two paydays 😊 and it feels like Christmas!

biglouis

This is a question one of my relatives (approaching pension age) is asking. I can vaguely recall filling in the initial form and seeing that there was a choice. As I have been paid monthly all my life I chose the latter.

I've always been paid monthly and my works pension is too but I chose weekly for the SP as it was advised at the time; the reason is lost in the mists of time.

This is a question one of my relatives (approaching pension age) is asking. I can vaguely recall filling in the initial form and seeing that there was a choice. As I have been paid monthly all my life I chose the latter.

Weekly

I chose weekly too.

Mine is paid every four weeks on Friday,
If I had weekly, it would disappear into the ether.

Mine is paid weekly too.

Ooh, it'll be my turn next year! Do you get sent the forms/email (if so, how far in advance of your birthday?)or do you just go online to apply?

My pension pay day is a Friday, and I received my first pension payment of 3 days just 3 days after my birthday.

Then every 4 weeks on a Friday, not monthly.

You can request weekly payments.

I chose to get mine weekly.

Mine was similar to BevSec.

You get half the amount two weeks after your birthday then the full amount four weeks later, then the full amount every four weeks following.

Weekly is my choice. Simply applied and....bingo.