The state pension age is rising, for both men and women. It is set to reach 66 by October 2020, with this age then due to rise to 67 between 2026 and 2028. Under the current law, the state pension age is due to increase to 68 between 2044 and 2046, but in July 2017, the government announced plans to bring this forward. Instead, the state pension age would increase to 68 between 2037 and 2039.
A recent report by the think tank Centre for Social Justice (CSJ) proposed the notion of increasing the state pension age to 70 by 2028.
It also suggested increasing the state pension age to 75 by 2035.
Writing on Twitter on Wednesday, the Department for Work and Pensions confirmed that they would not be raising the state pension age to 75.
A statement on the @dwppressoffice Twitter read: “We will not be raising the State Pension age to 75. Fact.
“This is not government policy and we have no plans to do.”
The DWP has also said: “Everyone’s state pension age is unique to them and in 2017 we raised the future retirement age to 68 so that it is sustainable now and for future generations.
“We’re creating opportunities for people of all generations with record employment.”
Asked about the proposal while on a visit to Plymouth this week, Work and Pensions Secretary Amber Rudd said she would “rule it out”.
She told Plymouth Live: “The government policy is set at young people entering the workforce to retire at 68, and there’s no prospect of raising that age to 75.”
Elsewhere this week, the campaign group WASPI (Women Against State Pension Inequality) urged the government not to accept the CSJ proposal of increasing the age to 75.
It’s possible to check what one’s individual state pension age is online, using the government’s “Check your State Pension age“ tool.
In order to do this, one must enter their date of birth, and state whether they are a man or woman.
They will then be told what their state pension age is, and when they reached, or will reach it.
The tool also explains when one reaches the Pension Credit qualifying age – an income-related payment which some people may be eligible to claim.
It’s also possible to check the state pension amount by using Gov.uk’s Check your State Pension calculator.
This service allows one to find out their forecast, as well as when they can get it, and how they may be able to increase the amount.