
'I receive state pension and people don't realise there's one amazing benefit'
A pensioner has shed light on a significant perk of the state pension, sharing insights that many might not be aware of. Kim Wintermeyer recently took to TikTok to discuss what she considers "one big positive" of the state pension, despite it being a topic often overlooked.
In her video, Kim didn't hold back, detailing how the scheme can help you stash away some extra cash for treats like a holiday. Her revelations have sparked quite the conversation, particularly with potential major pension reforms on the horizon for Brits.
This week, the work and pensions secretary declared a review of the state pension age. The government is obliged to reassess the state pension age every six years; the last review wrapped up in 2023, with the next one due in 2029.
The upcoming review will scrutinise whether the current state pension age, which is 66, remains suitable. It will consider factors such as life expectancy to make this judgement.
Kim shared: "I thought I'd tell you something really positive about the state pension. Obviously, there are lots of negatives that happen when it comes to pensions.
"The fact that I get taxed on my other earnings, even though I've paid tax all this time, that I had to wait until I was 67 in order to be able to claim it; however, there is one particular thing that I found amazing.
"Unlike other forms of wages or payments, which would come in on the first or last of the month, the state pension doesn't do that. It comes in every four weeks, which means the date changes all the time.
"It also comes in 13 instalments. Now, wise ones of you will say 'yes, there's only 12 months in the year, so how does it do 13?' That's why it does it in every four weeks, but that means that one month you get paid twice, and this is my month where we get paid twice, which is really handy for holidays and things."
Despite budgeting monthly, Kim revealed she doesn't plan for the additional payment, making the extra windfall "brilliant." She thinks it's one of the state pension's major perks, implying it's a lovely little "pick me up."
The Government website confirms that the basic state pension is typically paid every four weeks, with payment dates varying according to your National Insurance Number.
Following Kim's revelation, numerous followers responded with their own tales of how they spend their extra payment.
One revealed: "I use the extra payment to cover Christmas costs." Another chimed in with: "Oh, that makes sense. I can't wait to retire next year."
A third responded: "I get my state pension fornightly, which is much better than four weekly." Meanwhile, a fourth noted: "That is interesting. I didn't know that.
"Hubby used to get it paid four weekly. Tricky with bills that go out on the same day every month but, when you sort out your budgeting, it is a great bonus."
Another person added their two pence, saying: "That's a lovely little bonus. Every four weeks sounds ace." For further details on the state pension and payment options, check out the Government website.
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