Government's plans to raise pension age by 2039 'blown out of the water' - LCP

Life expectancy trends changing

clock • 2 min read
"If the government sticks to its policy of linking state pension age to life expectancy , there would now be no case for raising pension age from 66 to 67 until 2051 - twenty three years later than currently planned, according to LCP.
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"If the government sticks to its policy of linking state pension age to life expectancy , there would now be no case for raising pension age from 66 to 67 until 2051 - twenty three years later than currently planned, according to LCP.

Twenty million adults could be in line for "state pension age reprieve" as life expectancy improvements "collapsed" even before the pandemic, according to an analysis of population projections by consultants LCP.

The firm's calculations suggested the government's current plans to raise state pension age to 67 by 2028 and age 68 by 2039 have been "blown out of the water". Sir Steve Webb, partner at LCP and former...

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