Changes to State Pension AgeJuly 24, 2017
The Department for Work and Pensions (DWP) has recently published a report outlining the Government’s proposals for changing the state pension age from 2028.
This report follows an announcement by David Gauke, the current Secretary of State for Work and Pensions, that the rise in State Pension Age to 68 will be bought forward to 2039 from 2046. This is in line with the recommendation in John Cridland’s review. This change will apply to you if you are currently between ages 39 and 47.
The changes to the state pension age will also affect the Local Government Pension Scheme as the normal retirement age in the scheme for post 2014 benefits is linked to individual state pension ages.
For a short overview of the change you can read ‘4 things you need to know about the State Pension Age review‘ on the DWP website.
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