The final round of November Social Security payments will be administered this week by the Social Security Administration (SSA).

Pension checks are distributed throughout the month based on the recipient’s date of birth and length of benefit receipt. Supplemental Security Income (SSI), which provides financial assistance to elderly, blind and disabled people with limited income and assets, is usually paid at the beginning of each month.

This week, on Wednesday November 27th, everyone whose birthday is between the 21st and 31st of a month will receive their pension check. This does not apply to those who have filed a claim since May 1997 and to those who are also filing a claim for SSI.

More from Newsweek Vault: Find the best high-yield checking and savings accounts, investment advice, Social Security news, and more

SSI benefits will be paid on Friday, November 29th, several days earlier than usual. This is because the usual payment date, December 1st, falls on a weekend.

“We do this to avoid putting you at a financial disadvantage and to ensure that you do not have to wait past the first day of the month to receive your payment,” the SSA said in a 2022 blog post “You received a double payment in the previous month, so you do not need to contact us to report the second payment.”

The SSA recommends waiting three business days before contacting the government agency if a payment has not been received as expected. Saturdays, Sundays and public holidays are not considered working days.

More from Newsweek Vault: Online Banks vs. Traditional Banks: Learn the Differences

The amount of the payment to each beneficiary is also different. The amount you receive depends on several factors, including the age at which the benefits began and the years worked by the highest-earning person.

As of 2024, the maximum monthly pension is $4,873 and is only available to those who retire at age 70. If you choose to begin collecting retirement benefits at age 62, the earliest possible age, your maximum benefit will be $2,710. As of January 2024, claimants’ average monthly pension benefit was $1,907.

More from Newsweek Vault: Interest rates on these high-yield savings accounts are still high

However, these amounts may change in the new year as 2025 benefit payments will increase by 2.5 percent due to the cost of living adjustment (COLA).

The 2.5 percent increase means a beneficiary receiving $1,870 a month from the SSA will see their monthly benefit increase by about $46.80 next year, according to independent Social Security policy analyst Mary Johnson and Medicare.

The 2023 COLA was the largest ever introduced. Seniors received an 8.7 percent annual raise after a period of high inflation due to the coronavirus pandemic.