Pensions are an essential part of getting old in the UK. Providing financial support every four weeks for almost 12.4 million people across Britain and more than 981,000 across Scotland.
The regular payment of either £185.15 a week or £141.85 for the Full, new State Pension or Basic old State Pension respectively is available to those who have reached the Government’s eligible retirement age of 66.
However, according to The Daily Record, this age is set to be raised under new legislation, currently under review. The rise will be to 67 for those born on or after April 1960 and a further rise to 68 for those born on or after April 1977.
