I am due to start claiming my State Pension and I will choose the 4 weekly in arrears option. I have read that instead of getting 12 payments a year you get 13. Does that mean for instance if every 4 weeks you receive say £500, one month you will receive £1000. I am having difficulty understanding this as all my working life I have been paid calendar monthly and all my direct debits go out at the end of each month. My private pension is paid into my account at the end of each month as well. I wish to continue working out my finances this way. Is this extra payment paid at the end of the year or at any time. Perhaps someone could explain. Why the DWP cannot divide the SP by 12 months I do not know.
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