Millions of people might have to work longer as state pension age expected to rise
Millions of people might have to work longer over concerns the state pension age could rise in less than 20 years.
It comes after an independent review by former Confederation of British Industry director-general John Cridland, in 2017, recommended the state pension age should be raised to 68 in 2037 to 2039. A follow-up study by Baroness Neville-Rolfe this year said the timetable should be pushed back to 2041 to 43.
Explaining his reasons for delaying the decision, he said: "Ultimately, I took the decision that because of Covid, because of the uncertainties economically — because there are many metrics that play into this decision — and the fact the important thing is you give people, I feel, 10 years notice of any change.
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