Universal Credit and other in-work benefits - a guide for union reps and workers (April 2019)

Chapter 6

Deferring the old State Pension

[ch 6: page 61]

You can defer or postpone drawing your retirement pension for an indefinite period after reaching State Pension Age (SPA). This will increase the deferred pension by around 10.4% for every year you put off claiming for people reaching SPA before April 2016 (which is different from the new State Pensions rules — see page 59). You can also get a lump-sum payment if you defer your pension for at least a year.


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