Quote:
Originally Posted by davebtelford
Just started getting my pension - grateful for it - but why can't they pay it monthly instead of weekly, 4-weekly or 12 weekly? Most, if not all, other receipts to & payments from my bank account occur monthly (on fixed dates) but the default 4-weekly pension payment date will keep moving around so I can't count on it to cover a direct debit at a particular date & I will have to be continually checking what my balance is.
I find it really antiquated & pretty annoying  |
It's based on a weekly pension- a calendar month isn't four weeks so your pension would vary every month and you'd never know whether it was right or not.
Also you'd only get 12 monthly payments, now you get 13! The 13th is a bonus(??).