My honourable friend the Minister of State for Pensions and the Ageing Society (Angela Eagle) has made the following Written Ministerial Statement.
I am pleased to announce our intention to introduce amending regulations to align the payment arrangements for state pension and pension credit with the arrangements for working age benefits.
We plan to introduce a new part-week payment for people who move onto state pension from a working age benefit, to ensure that they do not experience a break in payments. DWP customers would also be able to keep the same pay day and pattern of payments when they reach pension age.
In line with current practice for working age benefits, people who reach state pension age on or after 6 April 2010 will be allocated a pay day based on the last two digits of their national insurance number, and will be paid in arrears. Customers will continue to have a choice around how frequently they are paid.
This is not a savings measure, and existing recipients of state pension and pension credit will not be affected by these changes.