You could receive more than the maximum flat rate if you choose to delay taking your payments once you reach the state pension age.
The payments you receive will increase by 1% for every 9 weeks you delay taking them. Below is an example of how this affects your payments over the course of one year.
Yearly increase if you delay by one year:
How this will affect your weekly payments:
If you reached the state pension age before April 2016 the most you can currently receive is £122.30 per week.
If you receive a higher State Pension under the previous State Pension scheme, you'll still be entitled to the higher amount.
Visit the Gov.uk website to find out more about the old basic state pension rules
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