Thursday, June 1, 2023

Payment of Pension in May 2023: Exact Date of Collection

This month of May does not present itself with many new features regarding the day on which the pensioners will receive their social security pension payments. They will receive income either on Wednesday 24 May or Thursday 25, depending on the unit in which their pension is domiciled. However, there are some entities that will go ahead a day or two, eliminating days from the calendar.

Social Security establishes that pension payments “must appear in the payee’s account or at the disposal of the beneficiary at an affiliated financial institution not later than the first business day of the month in which the payment is made and, in any case, before the fourth day of nature.” ” But pensioners will not have to wait for many years as usual. Financial institutions maintain their policy of advancing payroll disbursements, thus taking a few days off the calendar.

In this month of May, 65YMÁS has once again contacted all the financial institutions to find out the date on which each bank will pay the benefits to their pensioner customers.

Bankinter: Day 23

“In this month, it is expected that the data will be received by the administration on May 23, with which from that date” pensions will be paid into the account of subscribers with their domicile benefits, he explained to the 65YMÁS unit. Bankinter is once again one of the early risers, with subscriptions due this Tuesday, May 23rd.

Engineers Box: Day 23

The Caja de Ingenieros also tries to scrape the calendar a day in terms of pensions, and this May continue with that policy. “We will pay them as soon as we get the file from Social Security, which is expected to be 00/23.” In other words, Tuesday, the 23rd day of the age of majority, will be the date of payment of pension.

Caixa Bank: Day 24

Next Wednesday, May 24, all pensioner customers of the institution headed by José Ignacio Goirigolzari will receive their Social Security pension payments into the account and will be able to use it at their offices and ATM network. There is no variation, as the entity maintains its commitment to advance the payment of pension on every 24th of the month, irrespective of the day of the week.

Santander: 24 days

“Earnings are planned with an operating date of 24 May” they confirm the query made by 65YMÁS from the Cantabrian unit. Next Wednesday, May 24, customers of Santander will have their pension account.

BBVA: Day 25

“Social security pension is directly debited from BBVA account, paid on 25th of every month or next business day if it is a holiday. Unless there is something new in this regard, this month they will be paid on Thursday, May 25, ”said sources in the bank headed by Carlos Torres Villa.

Ibarcaja: Day 25

“The monthly pension of the TGSS will be paid automatically on the 25th of each month” he explains to 65YMÁS from the unit based in Zaragoza. “If the 25th falls on a weekend or holiday, they will be paid on the previous business day,” he says. Thus, it will be Thursday 25 May when Ibercaja customers will have their pensions on their accounts.

Banco Sabadell: Day 25

Banco Sabadell maintains a commitment to pay pensions every 25th of every month or the last business day if it is a holiday or weekend, which it does not happen this time. “The date for this month of May is also fixed, the payment of pension is expected for Thursday 25th” they tell us from the unit.

ING: Day 25

“The pension is paid on the 25th of every month, whether it is a business day, a Saturday, a Sunday or a holiday,” he explains to ING. Thus, on next Thursday, 25th May, the pension will be credited to the account of the subscribers of the orange unit.

Uniqza: Day 25

“The pension will be paid on May 25” they confirm 65YMÁS from the Andalusian unit. Till that Thursday, the unit’s customers will be able to withdraw their pension amount in full or in part through their ATM network and branch network.

Kutxabank: Day 25

Kutxabank also plans to pay social security pensions next Thursday, May 25. “Pension is paid on 25th of every month if there is no problem” they tell us the institution reminding us of the commitment made to advance pension throughout the year.

Abanka: Day 25

Abanca maintains its commitment to advance payment of benefits to its pensioner customers on the 25th of each month, or the next business day if it is a holiday or weekend, which does not occur in this month of May 2023. However, they must meet a series of requirements for this advance: must not make branch window withdrawals for an amount of less than 1,000 euros between the 25th and 3rd of each month and must have a debit card. If either of these two requirements are not met, the institution will pay the pension on the last business day of the month, which in this case is Wednesday, 31st May.

Cajmar: Day 25

Cajamar offers its customers with Direct Debit Pension, the option to estimate the collection of their pension on the 25th of each month, or the next business day if it does not happen. Thus, the customers of this institution who have requested it earlier will be paid on Thursday, May 25th. This advance can be done both at branches and at ATMs or electronic banking, but must be explicitly requested. Of course, it is not necessary to request this advance every month. The institution provides, free of charge, 12 monthly payments in pension income in advance, although the bonus requires signing an agreement in advance of those 12 months at an office. “This service is completely free only for our customers who receive their pensions from Social Security and the Social Institute of the Navy”, they explain to 65YMÁS from the unit.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news


Please enter your comment!
Please enter your name here