The new State Pension

2. What you'll get

The full new State Pension is £159.55 per week.

The actual amount you get depends on your National Insurance record.

The only reasons the amount can be higher are if:

You can still get a State Pension if you have other income like a personal pension or a workplace pension.

You might have to pay tax on your State Pension.

How it’s paid

The new State Pension is usually paid every 4 weeks into an account of your choice. You’re paid in arrears (for the last 4 weeks, not the coming 4 weeks).

The day your pension is paid depends on your National Insurance number.

Last 2 digits of your National Insurance number Payment day of the week
00 to 19 Monday
20 to 39 Tuesday
40 to 59 Wednesday
60 to 79 Thursday
80 to 99 Friday

There are different rules if you live abroad.

Your first payment

You should get your first payment within 5 weeks of reaching State Pension age.

Example

You reach State Pension age on Monday 1 November and your payment day is a Friday.

You’ll get paid:

  • on Friday 5 November (for 1 to 5 November)
  • every 4 weeks on a Friday, after that