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 have over a certain amount of Additional State Pension
- you defer (delay) taking your State 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.
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