People on New or Basic State Pension can change four-week pay period to every seven days
dailyrecord.co.ukLiberal Democrat MP Rachel Gilmour recently urged the Department for Work and Pensions (DWP) to consider “the potential merits of paying the State Pension in monthly instalments”.
In a written response to the Tiverton and Minehead MP, Pensions Minister Emma Reynolds explained how the contributory benefit is usually paid every four weeks in arrears.
Ms Reynolds added: “People have the option to be paid weekly or in some circumstances bi-weekly. There are no plans to introduce alternative payment arrangements.” However, a former employee with over 42 years at the DWP shares the simple way every older person, already receiving their State Pension or due to retire this year, can change how often they are paid.
The main thing to be aware of is that the frequency can only be changed if the payments have already been set up to be made into a bank account.
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