https://birminghamdaily.co.uk/tags/pensiondeferral/Recent content in pensiondeferral on Birmingham DailyHugo -- gohugo.ioen-usMon, 01 Jun 2026 05:06:57 +0000https://birminghamdaily.co.uk/dwp-announces-728-annual-increase-for-deferred-state-pension-payments/Mon, 01 Jun 2026 05:06:57 +0000https://birminghamdaily.co.uk/dwp-announces-728-annual-increase-for-deferred-state-pension-payments/The Department for Work and Pensions (DWP) has confirmed a significant increase in state pension payments for retirees who choose to defer claiming their new State Pension. If you reach State Pension age after 5 April 2016 and decide to delay taking your pension, you can receive an extra 5.8% added to your regular payments for each full year you defer. This increase means that for every nine weeks you postpone claiming your State Pension, your weekly payment will rise by 1% for the rest of your life.