UK. Demands to delay rises in the state pension age
Plans to raise the state pension age from 66 should be shelved because we are not living as long as previously expected, a new report has suggested.
Current plans would see the age at which people are eligible for the state pension go up to 67 by 2028, and then eventually to 68.
Consultant LCP says life expectancy has stalled and no changes should be made for 30 years.
The government has just launched its latest review of the state pension age.
At present:
- The full, new flat-rate state pension (for those who reached state pension age after April 2016) is £179.60 a week
- The full, old basic state pension (for those who reached state pension age before April 2016) is £137.60 a week. They may also get a Pension Credit top-up
Men and women are now entitled to claim the state pension from 66 – an age which had increased steadily until October last year.
Under government plans state pension age would rise to 67 this decade, and 68 as early as 2039.
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