In January 1909 the UK State Pension was first paid, providing single people over 70 years old with a payment of 5 shillings (25p) a week, and married couples with 7s 6d (37.5p). That is the equivalent of about £30 and £45 in 2020.
This extract is from the East Anglin Daily Times on Monday January 4th 1909.

PENSION DAY.
JOY IN THE RURAL DISTRICTS.
Numerous reports have been received as to the first and second days experience the workings of the Old-Age Pensions Act in the rural districts.
For the village of Hasketon there are about 17 pensioners, some whom of are well over 70 years of age. The first claim was made punctual to the time appointed, but not quite all had applied at closing time in the evening. Several of the recipients were unable write their names, all were extremely gratified at the new turn of events, one old lady remarking, “It’s the easiest 5s that ever I got hold of.” One of the men, whose wife has also successfully claimed, has a wooden leg, the original having been amputated some years ago, the result of an accident with horses while following his employment as agricultural labourer. There exists in the parish Tymmes’ Charity, which pays an annuity of 7s per week each to two aged people: both these have claimed, and now receive also the State pension.