State pension payment date to change for millions in massive DWP shake-up in August
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The state pension will get paid earlier for thousands of people this month due to the Bank Holiday
State pension and benefit payment and dates for millions of Britons will be changed this month by the Department for Work and Pensions (DWP).
Pensioners are urged to be aware over how their benefits will be different due to the upcoming Bank Holiday for August 2024.
When will Britons get paid their state pension?
With this month's Bank Holiday falling on August 26, claimants would be get paid on this date are set to see their payments affected.
If someone is in this situation, they should expect to be paid their state pension on Friday, August 23, 2024.
This means many pensioners will get paid earlier than expected.
When someone's DWP payment date is not on a bank holiday, they will get their pension on the date they expect as nothing will change.
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DWP benefit payments could change for thousands of pensioners this month
DWPWhat other benefit payments are affected by this month's payment date change?
Outside of state pensioners, those on other DWP benefits and HMRC tax credits will also be affected if their payment date falls on the Bank Holiday.
Here is a breakdown of all the payments and credits impacted by the change:
Will state pension payment amounts be changed?
Older Britons will not have to worry about receiving less in their monthly pension payments despite this change.
Recipients of the state pension will be entitled to the same amount as they otherwise would get.
This applies to those claiming other pension-linked DWP benefits, such as Pension Credit.
Anyone concerned about the sum they receive from the state pension should contact the Government department immediately.
LATEST DEVELOPMENTS:
Pensioners are worried about their upcoming payments
GETTYGovernment guidance states: "Benefits are usually paid straight into your bank, building society or credit union account.
"If your payment date is on a weekend or a bank holiday you'll usually be paid on the working day before. This may be different for tax credits and Child Benefit."
This upcoming August 26 Bank Holiday is the last official non-festive Bank Holiday of the year.
The next official Bank Holidays coming up are Christmas Day and Boxing Day.