With riots in France about pension reform, Brits have been eagerly awaiting news about changes to the age at which state pension is paid in the UK. A review has revealed when millions will be able to claim their payments and who will have to wait additional years.
At present, the age at which you can claim your State Pension is 66, but this is due to change. The State Pension Age (SPA) will rise to 67 by the end of 2028, the Government has confirmed, while a move to increase it to 68 is planned for between 2044 and 2046 – affecting people born after April 1977.
While an increase of the SPA to 68 has been delayed, a further review will consider it over the next two years. However, reports indicate that, despite a delay, the move to 68 years old is still likely to be brought forward. Leicestershire Live wrote that the Conservative Government wanted to raise the SPA to 68 between 2034 to 2036, but shelved plans because they were worried any change in the age would be enormously unpopular among their key voters.
