State pension age: When can I retire? | The Sun

MILLIONS of Brits will be forced to work longer as the state pension age rises – although plans to bring it forward have been delayed.

The government has been battling over plans to speed up extending when people can claim the state pension. 

Below we explain what exactly is going on and how you can calculate your state pension age – check out the table to see how you're affected.

What is the state pension and when does the age rise? 

At the moment the current state pension is paid to both men and women from age 66.

The state pension age is already due to rise to 67 by 2028 and to 68 by 2046. 

A previous review from Sir John Cridland in 2017 recommended bringing that date forward to between 2037 and 2039.

Read more in Money

August bank holiday 2023 payment dates: When will my Universal Credit be paid?

Warning for thousands of pensioners over access to retirement cash

But average life expectancy has not risen as he predicted since then.

Work and Pensions secretary Mel Stride told MPs in the Commons back in March that while life expectancy is still rising, it's doing so at a lower rate.

On top of other factors such as the coronavirus pandemic and the Ukraine war, he said it would be appropriate to review the rise to 68 again at a later date.

It comes after the government was said to be considering a change that could come as early as 2035, as The Sun revealed in January. 

Most read in Money

on the edge

Man who won £3m Omaze mansion abandons it over fears it could crumble into SEA


How to book 49 days holiday in 2024 with just 21 days of annual leave


I tried own-brand corn flakes – the winner beats Kellogg's and is 70% cheaper


I ended up £30k in debt after using app to improve credit score – traps to avoid

This could have seen the retirement age set to rise to 68.

The Treasury was previously said to want this change to come in as early as 2035 — affecting those who are currently 54 and younger.

How would it have affected you? 

Those in their early 50s would have been most affected.

In particular those born in April 1969 and April 1971, as they were heading towards a pension age of 67 – but this would have meant they would have to work one year longer. 

The state pension age has been rising as Brits get older.

That means everyone will have to work longer under the plans, but those born after April 1971 were heading for a state pension age of 68 already.  

Exactly how you're affected will depend on when you were born.

How can I work out my current state pension age? 

You can use the state pension checker tool on 

Read More on The Sun

Drivers are just realising which cars have little-known button to save your life

B&M shoppers rush to buy ‘gorgeous’ furniture scanning at £10 instead of £120

The government tool is there to help you find out how many years of contributions you have, how much state pension you’ll get and the exact date on which you’ll receive payments.

It’s important to note that you can retire at any time, but you need to have a personal pension or retirement plan in place.

Do you have a money problem that needs sorting? Get in touch by emailing [email protected].

You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group members.

Source: Read Full Article