The covenant, plans for which were first announced by former Prime Minister David Cameron in May, had been due to be launched this month to coincide with national care leavers' week, which ends on Sunday.
However, children's minister Edward Timpson said the Department for Education is now "working towards a formal launch of the covenant in the new year".
Speaking at the Prince's Trust National Care Leavers' Week Conference, Timpson said the DfE is trying to persuade a range of organisations to sign the document.
"We're working to encourage all of the government departments that deliver services and support to care leavers to sign the covenant, setting out what their individual offer to care leavers is," he said.
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