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State pension deferral
GDB2222
Posts: 26,826 Forumite
My wife reached her SPA in May 2020. She would now like to draw her pension, and we have started the ball rolling.
According to the .gov website:
Your State Pension will increase every week you defer, as long as you defer for at least 9 weeks.
According to the .gov website:
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.
I just want to check that we can take this "increase every week" bit literally. So, we don't have to time this so as to get an exact number of complete 9 week periods in?
No reliance should be placed on the above! Absolutely none, do you hear?
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Comments
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Directly under that it says "By deferring for 52 weeks, you’ll get an extra £10.70 a week (just under 5.8% of £185.15)".52 weeks isn't a multiple of 9, so I'd assume once you reach the 9 week minimum, each week then adds (1%÷9).1
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Thanks. That’s an excellent point. Well spotted.

No reliance should be placed on the above! Absolutely none, do you hear?0 -
I think they simply say the equivalent of 1% for every 9 weeks because saying 0.11% per week is more difficult to understand.Information I post is for England unless otherwise stated. Some rules may be different in other parts of UK.1
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