Governments around the world have addressed the challenge of increasing life expectancy and declining birth rates by raising the pension age. The UK is no exception. The challenge this creates for governments is the thorny dual issue of rising care costs for the ageing population while fewer taxpayers support the economy.
Between the 1940s and 2010, the UK state pension age was 65 for men and 60 for women. This gender difference reflected long-standing norms about men’s and women’s employment patterns, as well as typical age differences at marriage.
