The basic and new State Pensions have been uprated by 4.1% for the new tax year
The Department for Work and Pensions is set to send £230 to state pensioners on Tuesday if they have a specific two-digit code. The current 2025/26 tax year began on April 6, seeing both the basic and new State Pensions uprated by 4.1 per cent, in line with the annual increase in average wage growth.
The annual rise determined by one of three factors: average wage growth between May and July of the previous year, consumer price index measure of inflation – measured for September in the previous year – or 2.5 per cent.
The highest of these three factors determines pension rates for the new tax year. For money-saving tips, sign up to our Money newsletter here.
In the UK, the State Pension system is divided into two schemes – basic and new – with the amount received depending on when the recipient retired.
Those on the new State Pension receive a full weekly payment rate of £230.25, while those on the basic State Pension receive £176.45.
According to the DWP, those on the new State Pension will receive an extra £470 per year, plus an additional £360 annually if they get the full rate.
Some state pensioners were due to receive their next payment, of up to £230, on Tuesday, May 6 – but only if they have a very specific two-digit code.
State Pension is typically paid every four weeks and recipients choose the date they want to receive their payment when first claimed, reports Birmingham Live.
Pensioners can determine their standard State Pension payment date by checking the last two digits of their National Insurance number, as this indicates when payments are usually made.
For those with National Insurance numbers ending in 20-39, the typical payment day is a Tuesday.
The DWP said: “You’ll be asked when you want to start getting your State Pension when you claim.
“Your first payment will be no later than 5 weeks after the date you choose. You’ll get a full payment every four weeks after that.
“You might get part of a payment before your first full payment. The letter confirming your State Pension payment will tell you what to expect.
“The day your pension is paid depends on your National Insurance number.
“You might be paid earlier if your normal payment day is a bank holiday.”
