Your "payday" depends on the last two digits of your NI number. You won't be paid from the day of your 66th birthday. You will then be paid in arrears, so your first payment won't be a full one. You'll then be paid the full amount every four weeks on the same day of the week.
www.saga.co.uk/magazine/money/retirement/pensions/state-pension-when-will-i-be-paid
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Lending/gifting money to children
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