State Pension

[Deleted User]

My state pension is due from my 66th birthday which is in March 2021. I intend to retire from work so my final pay day will be 31/03/2021.
If my SPA date fell in the following tax year I definitely have would escaped the effect of having been in an occupational pension scheme and get the full state pension but I'm unsure if I miss out as my birthday falls just before the end of the 2020/21 tax year.
Is anyone able to advise please?

Silvertabby

2020/21 won't count.  It's not down to your final pay date - it's because your birthday falls before 6 April 2021.

[Deleted User]

Thank you, I thought that might be the position. I don't suppose it would be affected if I deferred my state pension  for a period and stayed on at work for a little longer either?

Dazed_and_C0nfused

Not in way I think you mean no.

But you could increase your State Pension by deferring it.  You need to defer it for at least 9 weeks I think and then you get an additional amount for ever in lieu of the 9 weeks pension you have foregone.  You can continue deferring for a longer period but I think it is blocks of 9 weeks which are the trigger point for additional pension.

xylophone

https://www.gov.uk/deferring-state-pension/what-you-get

If you reach State Pension age on or after 6 April 2016

Your State Pension will increase every week you defer, as long as you defer for at least 9 weeks.

Your State Pension increases by the equivalent of 1% for every 9 weeks you defer. This works out as just under 5.8% for every 52 weeks.

The extra amount is paid with your regular State Pension payment.

Example:You get £168.60 a week (the full new State Pension).

By deferring for 52 weeks, you’ll get an extra £9.74 a week (just under 5.8% of £168.60).

This example assumes there is no annual increase in the State Pension. If there is an annual increase, the amount you could get could be larger.

Silvertabby

worriedaboutson said:

Thank you, I thought that might be the position. I don't suppose it would be affected if I deferred my state pension  for a period and stayed on at work for a little longer either?

No, it's down to your birthday - and you can't change that !

[Deleted User]

Thank you all.
I'll take solace in that my arrival date shortly before the end of the 1954/55 tax year allowed my dear old Dad to claim the full, long abolished, child tax allowance, for that year.