EXCLUSIVE: Some younger state pensioners will get a bumper £1,930.40 paid out to them from the DWP in November.
3 extra payments state pensioners could be entitled to
Some younger state pensioners will have a boosted November with two full DWP state pension payments totalling up to £1,930.40.
Those who retired after April 2016 are able to get a maximum of £241.30 per week in their basic state pension payment, assuming a full National Insurance record (and this is set to increase in April 2027). In April 2016, those qualifying for a state pension would have been aged no older than 66, so a new state pensioner will be under age 77, depending where their birthday falls.
But older state pensioners and new state pensioners alike can get two state pension payments in November due to the way the long five-week month falls.
Though state pension figures are often reported as weekly figures, the DWP state pension payments are actually paid for every four week period.
State pensioners will get paid twice in November if they’re paid on Mondays (Image: Getty)
That means that for every four weeks, new state pensioners will get up to £965.20 from their basic rate state pension payments, as long as they have maximised their National Insurance record.
Exactly when you’re paid depends on the last two digits on the end of your National Insurance number.
According to the DWP, those whose NI number ends in digits between 00 to 19 are normally paid on Mondays. And because November has five Mondays (November 2, 9, 16, 23 and 30), younger state pensioners with these National Insurance numbers will get paid their state pension twice in November 2026 – for a total maximum of £1,930.40 in November from the standard rate payments, assuming a full National Insurance record.
Those with incomplete records will see lower total take-home for their pension payments, depending on how far off the full record they are, which the DWP calculates on a case-by-case basis when you first hit state pension age.
State Pension: How to calculate new State Pension amount
The annual sum of standard rate state pension payments with a full National Insurance record for a younger state pensioner comes to £12,547, so the extra payment is not extra money but a timing of payment which sees you receive two of your 13 total annual payments in the same calendar month.
Crucially, this is still below the threshold for Income Tax, although it does mean that any other income, such as savings interest, work or letting a property, could tip you into owing tax to HMRC. From next year, of course, a Pensions Tax Allowance will allow state pensioners to push their total tax-free take-home higher than this, to £13,037.