Screen Readers Skip to Content
Tweet Facebook Buffer

Increase to State Pension Age

Author: Department for Work and Pensions

Published: 2010-11-03 : (Rev. 2011-01-27)

Synopsis and Key Points:

Details on how the State Pension eligible age will rise to 66 from 65 in 2018 to 66 in 2020.

Main Digest

Increase to state pension age details published.

Details on how the State Pension age will rise to 66 are published today. A sustainable State Pension - When the State Pension age will increase to 66 follows a review and Call for Evidence on the timing of the increase in State Pension age.

In the recent Spending Review the Chancellor announced the State Pension age rises from 65 in 2018 to 66 in 2020.

Minister of State for Pensions Steve Webb said:

"We are all living longer than ever before and it is important for Government to take this into account when developing policy. As longevity increases it is only fair that costs are shared among the generations. Accordingly, the Government has decided to bring forward the increase in State Pension age to 66.

"Although women will experience the rise in the State Pension age more quickly than previously planned, they will still draw the State Pension for longer, and our 'triple guarantee' means someone retiring today on a full basic State Pension will receive £15,000 more over their retirement than they would have done under the old prices link."

A timetable outlining the changes is available on Directgov www.direct.gov.uk/en/Nl1/Newsroom/SpendingReview/DG_192159

The Command Paper can be read in full here www.dwp.gov.uk/consultations/2010/spa-66-review

Related Documents


Important:

Disabled World is strictly a news and information website provided for general informational purpose only and does not constitute medical advice. Materials presented are in no way meant to be a substitute for professional medical care by a qualified practitioner, nor should they be construed as such. Any 3rd party offering or advertising on disabled-world.com does not constitute endorsement by Disabled World.

Please report outdated or inaccurate information to us.