The government’s plan to accelerate the increase to the state pension age (SPA) has been postponed with a decision now due after the next general election.
Work and pensions secretary Mel Stride today (30 March) confirmed there would be no change to the current legislative schedule for increases. The SPA is currently 66 and is set to increase to 67 by 2028 and 68 by 2046. It had previously been reported that ministers were discussing whether to accelerate the rise to 68, however, those plans have been dropped. The decision comes as the Department for Work and Pensions (DWP) published two supporting reports - an independent review by Baroness Neville Rolfe and the Government's Actuary's report. The DWP said a fresh review would take pl...
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