The new Work and Pensions Secretary Mel Stride has confirmed that the outcome of the State Pension age review will be published before May 2023. The review will consider a wide range of evidence, including findings from two independent reports, to assess whether the rules about State Pension age remain ‘appropriate’.
Earlier this year, the Department for Work and Pensions (DWP) launched the second review of the State Pension age, which is now 66 for both men and women across the UK. Mr Stride told the Work and Pensions Committee on Wednesday that the review is considering issues of cost and intergenerational fairness, suggesting the impact on the public purse of an ageing population will get “pretty hairy”.
He confirmed to the cross-party panel of MPs that the review is expected before the deadline in May, but refused to be drawn on any decisions contained within the report.
