Retiring later to come sooner - What's My Pension?

Thursday 24 June 2010

The coalition government is to bring forward plans to raise the state pension age for men to 66, maybe as early as 2016. The previous government's plan was to raise the pension age for everyone to 66 in 2024 and then gradually to 68 by 2046.

The default retirement age of 65 - at which workers can be legally asked to retire by employers - is also set to be axed.

Under the plans women will move to a state pension age of 66 a few years after men.

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