Government confirms delay to increase in state pension age to 68
The increase in state pensions age to age 68 is to be shelved amid concerns over falling life expectancy
moneyweek.comHere’s the latest available on UK state pension age (SPA) increases and related timelines.
Direct answer
- The most recent official position remains that the SPA is planned to rise to 67 by the end of 2028 for those born after April 1960, with any further moves subject to the next independent reviews and life expectancy considerations. This reflects the government’s 2023 publication of the second SPA age review and its implementation plan .
Key context you might find useful
- 2023 review: The government published the second review, concluding that the rise from 66 to 67 remains appropriate and that the next review should occur within two years of Parliament, while noting potential reconsideration of moving to 68 based on life expectancy and sustainability .
- 68 timetable discussions: There have been historical conversations about accelerating or delaying the move to 68, with various third-party analyses and industry publications reflecting different scenarios; however, the official timetable currently centers on 67 by 2028 for birth cohorts affected by the 1960s to late 1960s birthdates, unless future reviews set a new path .
What this means for you in London
- If you were born after April 1960, your SPA is expected to reach 67 by 2028 under the current plan. Any changes would come after new government reviews and announced timetables, so there’s not a confirmed move to 68 yet for these cohorts .
Illustrative example
- Timeline (illustrative, based on current plan): SPA set to 66, then rising to 67 by end-2028 for the affected birth cohorts, with a review window to assess potential rise to 68 in the following years depending on life expectancy data and pension funding sustainability .
Would you like a concise timeline tailored to your exact birth date to see where you fall in the schedule, or a plain-language summary of the potential 68 scenarios and what that could mean for your retirement planning? I can also pull the latest official statements if you want precise wording.