Pensions Checked 2026-08-11

New State Pension deferral rate

1% per 9 weeks deferred (~5.8%/year) · minimum 9 weeks
increase rate · valid 2016-04-06 → until changed

What is the New State Pension deferral rate right now?

The current figure is 1% per 9 weeks deferred (~5.8%/year) · minimum 9 weeks (increase rate), effective from 2016-04-06 to until changed, according to DWP / gov.uk. Last checked against the official source on 2026-08-11.

For those reaching State Pension age on/after 6 Apr 2016. No lump-sum option under new State Pension.

Cite this figure

The New State Pension deferral rate is 1% per 9 weeks deferred (~5.8%/year) · minimum 9 weeks (increase rate), effective from 2016-04-06 (current until changed). Source: DWP / gov.uk (https://www.gov.uk/deferring-state-pension), via UK Rates & Thresholds (rates.trycashpilot.com), checked 2026-08-11.

Official sourceDWP / gov.uk
Valid from2016-04-06
Valid tountil changed
Last checked2026-08-11
Machine-readableJSON for this figure

History

Previous values
Old scheme (pre-2016): 1% per 5 weeks with lump-sum option

More Pensions figures

Auto-enrolment minimum pension contributions · Pension lump sum allowances (post-LTA) · Pension annual allowance · New State Pension (full weekly rate) · all Pensions

This is data, not advice. Figures are republished from official sources with links and dates. Always verify with the linked official source before acting.