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UK state pension age should rise to 70, government review recommends

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Staff Writer | March 24, 2017
UK state pension
Working in Britain   The Cridland review

Almost six million UK citizens currently aged under 30 could see their pension age rise as high as 70.

A review by John Cridland, the former director general of the Confederation of British Industry who was appointed last year to conduct the review into the functioning of the UK's pension system, concluded that the national pension age should be increased from 67 to 68 between 2037 and 2039.

This would mean anyone born after 1971 will have to wait until their 68th birthday to receive a state pension, a change that will affect roughly 5.8m UK citizens.

A separate report by the Government Actuary's Department that was published alongside the Cridland report, warned that this figure could rise to 70 for those younger than 30 years of age.

The reviews provide recommendations for the government, and it will be up to ministers to decide later this year whether it wants to adopt the increase as policy.

The Cridland review also recommended abolishing the 'triple lock' guarantee, which ensures state pension ages only increase in line with inflation, in the next Parliament.


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