Claimng deferred state pension online

uk1 wrote: »

Thanks,

I'm not clear that the other thread answered my question. If you are paid a four weekly payment within a week of you qualifying it isn't in arrears it is in advance unless there is something that I have missed. Specifically as an example, if you are paid 4 weeks pension a week after "your birthday" then 1 week is in arrears and three weeks seems to me to be in advance.

I'll rephrase my underlying question to see if anyone can answer it.

I have claimed for our pension to start directly after the new tax year on the presumption that the deferral calculation starting point will be based on the increased pension starting on 5th April which has a nominal calculation advantage (in addition to the additional defferred weks) over calculating it the previous weeks.

If the pension is paid in arrears then I woulde expect the defferal calculation to be calculated based on the current pension rather the higher one. No?

This pursues the idea I suggested in a thread some time ago.

http://forums.moneysavingexpert.com/showthread.php?t=5418521&highlight=

As you are now paid in arrears,if you wanted your pension to start on week 1,you will receive your payment in week 5 ( if you select the 4 week payment cycle ) so allways in arrears:)

And now it is going to get even more complicated because state pension does not go up at the beginning of the tax year (6th April). There is usually one week in the new tax year that is paid at the old rate. You do not get any of the 4 weeks paid in advance. Each week is paid at the rate it should be according to the rate it was when it was "earned".

For example, when I get mine on 27th April, I will get one week at the old rate due 6th April & 3 wks at the new for w/e 13th, 20th & 27th. If they are assessing you for tax be careful as they don't follow their own rules & will over assess, not by much but more than it should be.

Day 1 Friday April 6th payment date Thursday 3rd of May is my understanding. If you specified receiving payment on 6th April then it will start either Sat 10th or Monday 12th March. That I think will depend on how they perceived your request. You will not lose anything with regards to when your pension starts, it will go up to whatever it would have been - except of course for any additional deferral increase.

uk1 wrote: »

Thanks,

I'm not clear that the other thread answered my question. If you are paid a four weekly payment within a week of you qualifying it isn't in arrears it is in advance unless there is something that I have missed. Specifically as an example, if you are paid 4 weeks pension a week after "your birthday" then 1 week is in arrears and three weeks seems to me to be in advance.

the only payment under the old rules that got paid in advance was weekly payments, All other payment were paid in arrears. If under the old rules, your first payment was two weeks after your start date, all you got was two weeks, it then went four weekly after, the same if, your first payment was five weeks, you got five week payments and four weekly after that, but all in arrears.

They have been very lucky on the payment cycle!

the only payment under the old rules that got paid in advance was weekly payments, All other payment were paid in arrears

No it wasn't.

Under the old payday and periodicity rules (before 2010, not to be confused with the nSP "new rules") if you were paid four weekly it was actually paid three weeks in arrears and one week in advance.

What people seem to have overlooked is the the first payment of a four weekly cycle usually pays for less than four weeks to put the person "on cycle".