12.7M UK seniors receive state pension; must claim or risk losing up to £221.20 weekly; deferring claims increases payment by 1% every 9 weeks.
12.7 million UK seniors receive state pension support, with eligibility requiring individuals reach 66 years and make a decade of National Insurance Contributions. The Department for Work and Pensions (DWP) doesn't issue payments automatically; individuals must claim them or risk losing up to £221.20 weekly. Deferring claims can increase payments, with each nine-week deferral boosting the amount by 1%.
June 29, 2024
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