20 October 2010
The government has today announced in it's Spending Review that
the State Pension Age (SPA) will increase to 66
between December 2018 and April 2020.
Under the previous government's plans, the increase was to
happen between 2024 and 2026.
The SPA is the earliest age you can draw your State
Pension. It is specific to your date of birth.
Historically, it has been 60 for women and 65 for men.
The following reflects the changes announced today.
- Between April 2010 and November 2018, women's retirement ages
are increasing to 65. There will be an accelerated increase
between April 2016 and November 2018.
- Between December 2018 and April 2020, retirement ages for
men and women are increasing to 66.
The following, previously agreed increases, are under
review. We anticipate that these rises to 67 and 68 will also
be bought forward.
- Between April 2034 and April 2036, retirement ages for men and
women are increasing to 67.
- Between April 2044 and April 2046, retirement ages for men and
women are increasing to 68.
Click here to visit
the SPA page of our website.