The UK’s state pension age is set to increase over the coming years, with further changes already written into law and additional proposals under discussion. While the government says the changes are needed to reflect an ageing population and ensure the long-term sustainability of the pension system, some retirement experts warn that raising the qualifying age could place greater financial pressure on people approaching retirement.
The debate focuses on balancing affordability with fairness, particularly for those who may find it difficult to continue working into their late 60s.
Changes
The UK state pension age is currently increasing from 66 to 67.
This transition began in April 2026 and is scheduled to be completed by April 2028. Under existing legislation, the pension age is then due to rise again from 67 to 68 between 2044 and 2046.
However, there have been proposals to introduce the move to age 68 sooner than planned.
The Office for Budget Responsibility (OBR) recently suggested that the increase to 68 could take place between 2037 and 2039 instead of the current timetable.
Reason
Successive governments have argued that changes to the state pension age are necessary because people are living longer and the proportion of older adults in the population continues to grow.
As life expectancy increases, more people spend longer receiving state pension payments, increasing long-term government spending.
Raising the qualifying age is viewed by policymakers as one way to help maintain the financial sustainability of the pension system.
Concerns
Retirement experts have expressed concerns about how higher pension ages could affect those nearing retirement.
Catherine Foot, Director of the Standard Life Centre for the Future of Retirement, said demographic changes need to be considered alongside the financial realities facing many households.
She noted that around 15 million people are already not saving enough during their working lives to achieve a comfortable retirement.
According to Ms. Foot, increasing the state pension age further could deepen existing inequalities for those who are least able to continue working.
Poverty
One of the main concerns relates to people aged between 60 and 65.
Ms. Foot highlighted that around one-quarter of people in this age group are already living in poverty.
For individuals with health conditions, physically demanding jobs, or caring responsibilities, remaining in employment until a higher state pension age may not always be practical.
Critics argue that delaying access to the state pension could leave some households facing additional financial hardship before retirement benefits become available.
Balance
Experts say there is no single “correct” state pension age.
Instead, decisions should consider several factors, including:
| Consideration | Why It Matters |
|---|---|
| Life expectancy | People are generally living longer. |
| Affordability | Helps manage future pension costs. |
| Fairness | Protects those unable to work longer. |
| Employment | Not everyone can remain in work into their late 60s. |
Supporters of a balanced approach argue that pension policy should reflect both economic sustainability and the differing circumstances of older workers.
Review
The government confirmed in 2025 that another review of the state pension age would take place.
Under current law, ministers must provide an update on the state pension age at least once every six years.
As part of the review, the government has appointed Dr. Suzy Morrissey to prepare an independent report with recommendations on future pension age policy.
Ministers will consider those recommendations before making any decisions on possible changes.
Outlook
Although proposals to accelerate the increase to age 68 have been discussed, no final decision has been made.
Any change would require government approval following the review process and consideration of the independent recommendations.
People approaching retirement may wish to monitor future announcements, as any changes could affect the age at which they become eligible to claim their state pension.
The planned increase in the UK state pension age reflects the challenge of balancing an ageing population with the long-term cost of providing retirement benefits. While supporters view the changes as necessary to maintain the pension system, some experts caution that raising the qualifying age could have a greater impact on lower-income households and those unable to remain in work for longer. The government’s upcoming review and independent recommendations are expected to play an important role in shaping future state pension policy.
FAQs
What is the current UK state pension age?
It is currently rising from 66 to 67.
When will the age reach 67?
The change is due to finish by April 2028.
Is another increase planned?
Yes, age 68 is currently legislated.
Has the move to 68 been confirmed earlier?
No. It is still under review.
