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State pension UK: Protected payment rules explained – how much income will you receive?


State pension payments are awarded to those who are at least 66 years of age and have a minimum of 10 years of National Insurance contributions under the new rules. While the full new state pension amount is £175.20 per week, what will actually be received may be affected by when the claimant worked and retired.

Starting amounts may end up being higher than the full new state pension and these payments will be known as a “protected payment”.

This will be paid on top of the full new state pension.

Regardless of what a person receives from their state pension, the awarded amounts will rise every year under triple lock rules.

These rules ensure state pension payments increase every year by the highest of 2.5 percent, average earnings or CPI rises.

How a state pension is paid will be dependent on the claimants specific National Insurance number.

The last two digits of the number will determine what day of the week the payments arrive, as detailed below:

  • 00 to 19 – Monday
  • 20 to 39 – Tuesday
  • 40 to 59 – Wednesday
  • 60 to 79 – Thursday
  • 80 to 99 – Friday

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