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2046 - The UK state pension age has risen to 70

2046

The UK state pension age has risen to 70

Due to increases in life expectancy, and unsustainable levels of age-related spending, the UK's state pension age has risen from 65 in 2012, to 70 now.* This provides a net benefit to the public finances of around 0.7% of GDP.

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References

1 PwC wants pension age set to 70 by 2046, FT Advisor:
http://www.ftadviser.com/2011/10/14/pensions/pwc-wants-pension-age-set-to-by-IermEpIG1ksgBnX9PsAxvK/article.html?ftar=true
Accessed 11th November 2012.

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