Deferral of old age pension

Principle

Those who delay receiving the pension beyond the age of eligibility receive an additional 5% for each year of delay.

profitability

A worthwhile postponement for those who continue to work and earn above the ceiling. Maximum deferment: 5 years.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.