Deferring the State Pension
Deferring the State Pension.
We have a client who deferred their State Pension in 2009 (still in deferment). They have a letter from DWP showing that they are entitled to a lump sum of c£36k, based on having deferred since 2014.
When I queried this with them (why 2014 and not 2009), they told me that they took a lump sum of c£20k from the deferred State Pension, but kept it in deferment. I’ve searched online to see if this is possible but can’t find anything to support it.
They are absolutely certain that they did this (but can’t find any documentation to evidence it... )
Anyone ever come across this before?