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Back date state pension or not?
SharkMoney
Posts: 187 Forumite
Hello
i understand it is possible to back date state pension when you claim.
i understand it is possible to back date state pension when you claim.
The application form asks when would I like the pension to start. Does this mean I should put in the date originally retired?
also if I do not back date it, will I instead get extra weekly allowance?
also if I do not back date it, will I instead get extra weekly allowance?
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Comments
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Why don't you ask the state pensions people? Or use that fan dangled thing created by Larry Page and Sergey Brin: GOOGLE.
This is the link:
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/324636/br1.pdf
This is what Google said:
Time limits We can accept your claim if it is received no earlier than 4 months before the date you wish to get State Pension, or the date you reach State Pension age, whichever is the later. Your State Pension cannot be backdated more than 12 months before the date your claim is received. If you ask us to backdate your State Pension claim, we will work out how much State Pension you are due, back to the date you tell us you want your claim to start from, and pay you this amount. This payment does not include any interest, and you will not earn extra State Pension or a lump-sum payment for the period you backdate your claim for.
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The application form asks when would I like the pension to start. Does this mean I should put in the date originally retired?also if I do not back date it, will I instead get extra weekly allowance?The date you want the payment to start from which can be no more than 12 months. If you are beyond 12 months since reaching SRA, or you choose current date or date in the future, then any previous time will be treated as deferring and the pension increased accordingly at 1% for every 9 weeks deferral.When did you reach retirement age ?
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It is a 1% increase for a 9 week deferral for the new state pension though.molerat said:The application form asks when would I like the pension to start. Does this mean I should put in the date originally retired?also if I do not back date it, will I instead get extra weekly allowance?The date you want the payment to start from which can be no more than 12 months. If you are beyond 12 months since reaching SRA, or you choose current date or date in the future, then any previous time will be treated as deferring and the pension increased accordingly at 1% for every 5 weeks deferral.When did you reach retirement age ?0
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