Around 12.4 million people across the UK are in receipt of State Pension payments. The money is paid every four weeks.
For some people, it is their only source of income after retiring. In the UK, the retirement age for both men and women is 66. The payment is organised by and paid by the Department for Work and Pensions (DWP).
Those who have reached retirement age, and have paid enough National Insurance Contributions, are eligible to claim. People eligible for the full, new State Pension will receive £185.15 per week until April 2023, while anyone on the 'old' basic State Pension (category A or B), will be paid £141.85 per week, reports the Daily Record.
