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Is a state pension deferment worthwhile?


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Written on: 11.11.2009 [11:12]
Lilly
Lilly
Topic creator
Posts: 4
Is it worthwhile to get a state pension deferment rather than taking it straight away? Would the lump sum better than the increased pension? Also, does the pension increase each year in line with inflation?
Written on: 04.12.2009 [10:38]
Courtney
Courtney
Posts: 4
Don't bother with deferring; you will forego a whole year’s pension to achieve this. That sacrifice will take quite a while to recoup and most people don’t live long enough to get it all back from the state.




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