T
he government is conducting a review of the state pension age, as it is legally obliged to do from time to time.
I don’t think I’m being premature in suggesting the state pension age is unlikely to go down; the questions are how quickly should it go up and what could a fair system of increases look like?
There’s a good argument that it should be about age 75; we’ll come back to that in a moment. The state pension age is 66 at present and under existing legislation it will rise to 67 by 2028, and then 68 by 2046.
A previous review recommended increasing it to 68 by 2039, but then a subsequent review kicked that idea into the long grass.
