Non-motoring > State Pension deferral Miscellaneous
Thread Author: legacylad Replies: 41

 State Pension deferral - legacylad
I only found out it was possible when told by a friend last week. Apparently it works out at an increase of almost 6% for every 52weeks, although I don’t know if that can vary up or down. Obviously that includes any increase that you would normally get if you didn’t defer.

That might work for me. Due my pension, aged 66, in July. No current earnings, drawing down the max single persons allowance each year from my remaining private pension, less a small amount for ( decreasing) BS interest. Paying no tax. If I defer my pension I can continue drawing down almost the max tax free allowance until it’s all gone in a few years.

I’m spending hardly any money at the moment..normally I’d be returning next week after 12 weeks in Spain. The 3 walking holidays with friends, up to the end of June, are all cancelled with no likelihood of returning overseas anytime soon.

It would be a bitch if I croaked before getting some state pension though.
 Messages Author Date
 State Pension deferral new legacylad 4 Apr 21 08:57
 State Pension deferral new Fursty Ferret 4 Apr 21 09:30
 State Pension deferral new Manatee 4 Apr 21 10:24
 State Pension deferral new smokie 4 Apr 21 10:27
 State Pension deferral new CGNorwich 4 Apr 21 10:50
 State Pension deferral new smokie 4 Apr 21 11:18
 State Pension deferral new legacylad 4 Apr 21 11:30
 State Pension deferral new Zero 4 Apr 21 11:25
 State Pension deferral new CGNorwich 5 Apr 21 11:21
 State Pension deferral new legacylad 4 Apr 21 11:27
 State Pension deferral new Falkirk Bairn 4 Apr 21 11:32
 State Pension deferral new legacylad 4 Apr 21 11:53
 State Pension deferral new Dog 4 Apr 21 11:26
 State Pension deferral new Bobby 4 Apr 21 12:47
 State Pension deferral new Zero 4 Apr 21 12:51
 State Pension deferral new Robin O'Reliant 4 Apr 21 13:31
 State Pension deferral new Manatee 4 Apr 21 14:05
 State Pension deferral new bathtub tom 4 Apr 21 16:22
 State Pension deferral new sooty123 4 Apr 21 18:23
 State Pension deferral new Bromptonaut 5 Apr 21 09:30
 State Pension deferral new bathtub tom 5 Apr 21 10:33
 State Pension deferral new sooty123 4 Apr 21 18:22
 State Pension deferral new Terry 4 Apr 21 19:39
 State Pension deferral new Manatee 4 Apr 21 20:36
 State Pension deferral new Manatee 4 Apr 21 20:25
 State Pension deferral new slowdown avenue 4 Apr 21 21:29
 State Pension deferral new legacylad 4 Apr 21 21:46
 State Pension deferral new tyrednemotional 4 Apr 21 22:07
 State Pension deferral new legacylad 4 Apr 21 23:03
 State Pension deferral new Lemma 5 Apr 21 09:17
 State Pension deferral new Manatee 5 Apr 21 09:46
  
 State Pension deferral new Terry 5 Apr 21 11:04
 State Pension deferral new Bromptonaut 5 Apr 21 11:21
 State Pension deferral new neiltoo 5 Apr 21 13:46
 State Pension deferral new Dog 5 Apr 21 14:10
 State Pension deferral new smokie 5 Apr 21 14:34
 State Pension deferral new Dog 5 Apr 21 16:35
 State Pension deferral new sooty123 5 Apr 21 14:50
 State Pension deferral new Dog 5 Apr 21 16:27
 State Pension deferral new sooty123 5 Apr 21 16:43
 State Pension deferral new Dog 5 Apr 21 17:53
 State Pension deferral new sooty123 5 Apr 21 11:15
  
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