Can the State Pension Payment be Postponed?

You could choose to delay the receipt of state pension. You receive a credit for deferment of a 1% increase in your State pension for every 9 weeks deferred, which works out to around 5.8% per year uplift.

If your pension is £100 per week, 

then a deferred pension will become;

£101 per week after 9 weeks

£105.8 per week after a one year deferment

The extra amount is paid every week of your life, but stops on death.



Contact us, ProACT EU Brexit for Expats Experts, for a free review and guidance. 


ProACT Sam Orgill

ProACT Sam Says for Expat Family & Business Living and Working Abroad across borders and down generations.

Follow me for insight and Know How for Expats.

Tax Saving Expat Experts

https://www.proactpartnership.com
Previous
Previous

How UK State Pension Works for Expats with EU Brexit [Vlog]

Next
Next

When Should I Apply for my UK State Pension?