State pension warning: Pensioners urged to claim or risk payment delays | Personal Finance | Finance

People may defer receiving the state pension for various reasons. By deferring, a person can increase their state pension payments.

The new state pension will increase by one percent for every nine weeks they defer, which works out at 5.8 percent for every 52 weeks.

The extra amount will be paid along with their regular state pension when it is claimed but these extra payments may be taxed.

Those entitled to the basic state pension can get their extra state pension is either a higher weekly payment or as a one-off lump sum.

When a person claims a deferred state pension, they will get a letter asking how they want to take their extra pension. They will have three months from receiving the letter to decide what to do.

When will I receive my state pension after putting in a claim?

A person will get their first state pension payment within five weeks of reaching state pension age if they put in their claim by then. The first full payment will arrive every four weeks after then.