The delay has caused controversy, with the painter's son Claude Picasso on Friday accusing the French government of indifference and saying he was "scandalised and very worried" about the future of the museum.
He asked the government to do its best to ensure that the establishment reopens in June, as announced earlier this year by the gallery's president Anne Baldassari.
Culture Minister Aurelie Filipetti said in a statement that her ministry had decided to reopen the museum to the public in mid-September because the main renovations were only completed on April 30 and time was needed to finish the rest.
She made an appeal "for everyone to overcome personal interests and show enthusiasm and calm to allow the project to be completed".
The final bill for the refurbishment of the 17th-century baroque mansion in Paris's historic Marais quarter now stands at 52 million euros (USD 71 million), 22 million euros higher the original budget due to changes in the scope of the work.
Although the musuem has around 5,000 paintings, drawings, sculptures, ceramics, photographs and documents, previously only a fraction could be displayed at any one time due to limited space.
There will also be a corresponding rise in the number of visitors that can be admitted at once from 380 to 650, and annual admission figures are expected to jump from 450,000 to 850,000.
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