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To defer my state pension

Teresa18 Posts: 2 Newbie

21 November 2004 at 5:40PM in Pensions, annuities & retirement planning

Hi, I'm going to be 60 next year (female) and considering putting off claiming my UK state retirement pension for a few years to increase the weekly payment, but how do I calculate this?
Would I be better of taking the basic pension and investing it or leaving it for 1-5 years, which would be the better deal? A handy ready reckoner would be nice.
Thank you for any help.

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