24 June 2010
Under plans put in place by the previous government, the State
Pension Age (SPA) for men and women would rise to 66, starting
from 2024. It would then rise to 67 and 68 over the next
20 years.
Iain Duncan-Smith, secretary of state for work and pension,
has today announced that the increase to 66 will be
introduced sooner, with expectations that it could be
from April 2016 for men and April 2020 for women.
There are also suggestions that the SPA
will eventually be raised to 70, but there is no word yet on
whether this is likely to happen.