State Pension Age About To Increase In The UK on October 6th

STATE PENSIONS - The age you can get your state pension in the UK is set to rise from October 6^th, you will need to be 66 to claim your pension. That means anyone born after 5 October 1954 will have a state pension age of at least 66 - for some women that is six years after the date they were originally told they could claim.

The younger generations will have to wait longer to 67 and 68 in the future. People are living longer and to make state pensions more affordable these changes are being brought on.

The good news is that the triple lock on pensions is set to remain. Rishi Sunak was appointed Chancellor of the Exchequer on 13 February 2020 and the Chancellor was making strong hints that in his view pensions needed to be frozen in order to pay for Covid-19 borrowing. With no autumn budget the threat has subsided for now at least. 

You can check your state pension, click here:

ABC Comment, have your say below: