Government commissions analysis for state pension age review

In a letter to the GAD, which provides independent acturial advice, Harrington said the purpose of the report was to "analyse whether those reaching State Pension age in a future specified period can expect to spend a specified proportion of adult life in receipt of State Pension, based on the current legislated timetable and, if not, to propose how the State Pension age timetable should change to deliver this". He added that the "third of adult life" principle has been used by the Office for Budget Responsibility, bringing the increase in State Pension age to 68 forward by five years, f...