Defer Pension to after April 2025 and get increase

Apologies if this is common knowledge, but my pension starts on Feb 5th 2025, if I defer to after the April increase will I get the 4.1% or whatever it is increase? Multiple Government departments phone lines " Cannot advise me" the .Gov pages don't seem to say anything specific on this matter, and Google search nowt.
Connected question
I applied and set my pension start date via a phone call, can I now change that decision if it's a better choice? The lovely lady who took my application made now mention of whether or not that was possible.
Thank you  :smile:

Comments

  • Dazed_and_C0nfused
    Dazed_and_C0nfused Posts: 17,110 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    Roberteee said:
    Apologies if this is common knowledge, but my pension starts on Feb 5th 2025, if I defer to after the April increase will I get the 4.1% or whatever it is increase? Multiple Government departments phone lines " Cannot advise me" the .Gov pages don't seem to say anything specific on this matter, and Google search nowt.
    Connected question
    I applied and set my pension start date via a phone call, can I now change that decision if it's a better choice? The lovely lady who took my application made now mention of whether or not that was possible.
    Thank you  :smile:
    Which pension?

    The State Pension?  Teachers?  Civil Service?  LGPS?  NHS? 
  • Flugelhorn
    Flugelhorn Posts: 7,146 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 27 January at 8:09AM
    If it is 4.1% then must be the state pension, (public sector getting 1.7%)  if you start  payment in Feb you will get the 4.1% increase  in  April 

    I don't know if it is possible to change the date of starting - suspect not 
  • Apologies, I forgot some essential info. State pension and living outside of the UK, but not a country that has the beneficial pension agreement to not freeze a UK state pension.
  • Flugelhorn
    Flugelhorn Posts: 7,146 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    how many months at 4.1% will missing the 2 months make up for? 

    still not sure if you can amend the date 
  • Marcon
    Marcon Posts: 13,767 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Roberteee said:
    Apologies if this is common knowledge, but my pension starts on Feb 5th 2025, if I defer to after the April increase will I get the 4.1% or whatever it is increase? Multiple Government departments phone lines " Cannot advise me" the .Gov pages don't seem to say anything specific on this matter, and Google search nowt.
    Connected question
    I applied and set my pension start date via a phone call, can I now change that decision if it's a better choice? The lovely lady who took my application made now mention of whether or not that was possible.
    Thank you  :smile:
    No reason they would - you were making a request, she was actioning it.

    Try contacting the International Pension Centre again https://www.gov.uk/international-pension-centre and check if you can amend the start date. If the answer is yes, ask them to confirm that you will receive the state pension at the rate which will be in force at the time your pension starts. Don't be fobbed off with 'can't advise you' - point out you are simply asking for information, not any sort of advice.
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • Yes you will get the increase if you start your pension after the increase date. ( useful if your living abroad and your pension will be frozen )
    Not sure about changing once you have already given the start date but would assume you can delay and get the increase providing you can contact someone to get it delayed.

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.9K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 453K Spending & Discounts
  • 242.8K Work, Benefits & Business
  • 619.6K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.