State pensioners across the UK will see a boost to their income this year as new State Pension rates take effect in April.

Chancellor Rachel Reeves confirmed the Government’s commitment to the pension triple lock for this parliament in the Autumn Budget, with pensioners due to receive a 4.8% boost to payments from the start of the new tax year. According to HM Treasury, this means an extra £575 per year for those on the full new State Pension from April, while older pensioners on the full basic State Pension will be £439 better off per year. But the new tax year doesn’t begin until April 6, so pensioners still have a couple of months to go before the new rates will be reflected in payments.

State Pension payments in January were disrupted due to a bank holiday falling on New Year’s Day, so some pensioners will have had to make their cash last a little longer before their next payment arrives in February. As no bank holidays fall in February, payments will be going out as normal this month so pensioners can expect to receive their cash on their normal payment date.

The State Pension is typically paid every four weeks and when you first claim it, you choose the date when you want to receive your payment.

Pensioners can determine their usual State Pension payment day by looking for the two-digit code at the end of their National Insurance number, as this specifies the date on which payments are normally issued. This is how National Insurance numbers correspond to payment days:

00 to 19 – paid on Monday20 to 39 – paid on Tuesday40 to 59 – paid on Wednesday60 to 79 – paid on Thursday80 to 99 – paid on Friday

The DWP explains: “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 4 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.”

Men born before April 6, 1951, and women born before April 6, 1953, receive the basic State Pension, which is worth a maximum of £176.45 per week, or around £705.80 per month if you get the full rate.

Men born on or after April 6, 1951, and women born on or after April 6, 1953, get the new State Pension, which is currently worth a maximum £230.25 per week, or around £921 per month if you get the full amount.

From April, State Pension rates will rise by 4.8% taking the full basic State Pension £176.45 to £184.90 per week, giving pensioners a weekly payment increase of £8.45. Over a full year this would amount to a total of £9,614.80 in pension payments (up from £9.175.40), giving those getting the full rate an extra £439.40 annually.

The full new State Pension will rise from £230.25 per week to £241.30 from April. Over a full year this amounts to a total of £12,547.60 in pension payments (up from (£11,973), giving pensioners on the full rate an extra £574.60 annually.