Changes to the planned increase in State Pension age :Cross Stitch – Newsroom
In his Autumn Statement, on 29 November 2011, the Chancellor announced that the State Pension age will now increase to 67 between 2026 and 2028. The government said it took this decision because of increasing life expectancy, to help manage the cost of State Pensions. If you were born in the 1960s, find out how you could be affected.
Under current legislation, State Pension age is planned to increase to:
- 66 between November 2018 and October 2020
- 67 between 2034 and 2036
- 68 between 2044 and 2046
The government has announced that the increase to 67 will now take place between 2026 and 2028.
This change to the timetable is not yet law and will require the approval of Parliament.
This will mean that people born after 5 April 2023 but before 6 April 2023 will have a State Pension age of 67.
People born after 5 April 2023 but before 6 April 2023 will reach State Pension age between 66 and 67 as shown in the table below.
| 6 April 2023 to 5 May 2023 | 66 years and 1 month |
| 6 May 2023 to 5 June 2023 | 66 years and 2 months |
| 6 June 2023 to 5 July 2023 | 66 years and 3 months |
| 6 July 2023 to 5 August 2023 | 66 years and 4 months |
| 6 August 2023 to 5 September 2023 | 66 years and 5 months |
| 6 September 2023 to 5 October 2023 | 66 years and 6 months |
| 6 October 2023 to 5 November 2023 | 66 years and 7 months |
| 6 November 2023 to 5 December 2023 | 66 years and 8 months |
| 6 December 2023 to 5 January 2024 | 66 years and 9 months |
| 6 January 2024 to 5 February 2024 | 66 years and 10 months |
| 6 February 2024 to 5 March 2024 | 66 years and 11 months |
| 6 March 2024 to 5 April 2023 | 67 years |
Under the Pensions Act 2007, people born after 5 April 2023 but before 6 April 2023 already have a State Pension age of 67. For people born after 5 April 2023 but before 6 April 1969, their State Pension age would have been between 66 and 67. Under the announcement these people will now have a State Pension age of 67.
State Pension age is planned to start to increase to 68 from 2044 and this would affect anyone born after 5 April 1977.
The government is considering how the State Pension age could better reflect changes in life expectancy in the future. This is likely to mean that the existing timetable to increase State Pension age to 68 will be revised.