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The time now is 07/04/08 - 18:33

What are benefits of deferring your state pension?


RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

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armin
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Joined: 03 Sep 2005
Posts: 10



PostPosted: 01/03/08 - 05:52    Post subject: Reply with quote

Is it really a good thing to defer your state pension? I think that I have a choice, since I’ve started to work as a very young man, so now I should consider looking for the best solution for my pension. I can still work, but I don’t see that state has any benefits by getting people to work more if there are young people searching for job. What are benefits of deferring your state pension?
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xymenes
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Joined: 30 Nov 2005
Posts: 6



PostPosted: 02/02/08 - 04:57    Post subject: Reply with quote

Yes, but there is also issue of giving the money to people who are not working at all – who are in pension. So, there are benefits for you, if you want to work more. But, I am not sure whether you want to work for one year more in order to get such benefits. If you’d decide to work for 5 years more, than your benefits would probably be much evident. But not many people have 5 years available…
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RealCool.BIZ Forum Index -> Finance -> Retirement Planning & Pensions

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