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Daily Record
Daily Record
Lifestyle
Linda Howard

New State Pension payment rates for this year and four ways to boost monthly income

State Pension currently provides essential financial support for over 12.4 million older people across the UK, including 981,399 retirees living in Scotland.

On April 11, the Department for Work and Pensions (DWP) increased most benefits and State Pension payments by 3.1% and people should start to see that uprating land in their bank accounts over the next few weeks.

People receiving State Pension can choose to be paid either weekly or every four weeks - not to be confused with being paid monthly as the DWP makes 13, four-weekly payments each year over a 52-week period which can result in two payments being made in the same calendar month.

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