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The Department for Work and Pensions, or DWP, state pension age is due to change and millions will be hit. An increase in the age is on the horizon after it was announced more than a decade ago.

In 2026, the state pension age will increase to 67 from 66. By 2028, this will be fully implemented for men and women. There may even be a further increase from 67 to 68 between 2044 and 2046.

According to International Business Times, the increase is a response to long-term demographic and economic pressures. The cost of state pensions is climbing with people living longer and the UK having an aging population.

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Currently over £175 billion annually, the cost is projected to reach nearly 8% of

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