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The State Pension age is set to begin rising from 66 to 67 next year, with the increase expected to be completely implemented for all men and women across the UK by 2028. This planned change to the official retirement age has been scheduled since 2014, with a subsequent rise from 67 to 68 planned to take place between 2044 and 2046.
The Pensions Act 2014 accelerated the increase in the State Pension age from 66 to 67 by eight years. The UK Government also modified the phasing of the State Pension age rise, meaning that rather than reaching State Pension age on a particular date, individuals born between 6 March 1961, and 5 April 1977, will be entitled to claim the State Pension once they reach 67.
Specialists say that people need to prepare for the alterations so they won't b