People could receive a lump sum worth up to £30,000 if they defer taking of State pension benefits for at least five years, says the DWP, or around 7.5% extra for every year they delay claiming.
Details of the “Taking up the State Pension later” factsheet reveal the DWP is keen to encourage pensioners to defer as just 15,000 people do so every year for an average length of two years. This...
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