The State Pension provides regular financial support for nearly 12.7 million people in the UK, but many are not made aware of a simple change that can make it easier to count your cash
After receiving a bumper 8.5 per cent boost to their finances this April, older Brits on the New State Pension are receiving up to £221.20 every week, which translates to £884.80 per month. In contrast, those on the Basic State Pension get up to £169.50 per week, equivalent to £678 per four-week period.
"Alternatively, you can write to The Pension Service at Post Handling Site A, Wolverhampton WV98 1AF. Include your name, address and National Insurance number and request a change to weekly payment for your State Pension." They said: “From your ‘budget point of view’ it may be easier to be paid weekly then you know exactly how much State Pension has been paid into your account each month.
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