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 Topic review - State pension age to rise... 
Author Message

Reply with quote Post Posted: Sun Nov 02, 2025 9:13 pm
Re: State pension age to rise...
I've never taken getting a state pension for granted, and started paying into a private scheme in my early 20's. With Rachel from accounts 'running' the economy, I'm statrting to contemplate 'Ye Olde Bank o'Matress' instead of a pension.

Reply with quote Post Posted: Sat Nov 01, 2025 12:19 pm
Re: State pension age to rise...
I originally retired just before 50, taking a private pension at 50 and the state one at 66.

I'm constantly telling my kids to sort their pensions out if they actually want to be able to retire.

My biggest worry at the moment is that a significant amount of money is circulating through various pension schemes, and that Reeves will find a way to access it rather than the members who contributed.

Reply with quote Post Posted: Fri Oct 31, 2025 8:46 pm
Re: State pension age to rise...
I'll be retiring after my 68th birthday to get a decent pension.....

Reply with quote Post Posted: Fri Oct 31, 2025 3:41 pm
State pension age to rise...
Quote:
New DWP State Pension age confirmed with thousands affected

The State Pension age is set to increase from 66 to 67 from 2026, and the UK Government has announced plans for a new review of the State Pension age

The State Pension age is set to start climbing from 66 to 67 next year, with the rise expected to be fully in place for all UK men and women by 2028. This planned adjustment to the official retirement age has been on the books since 2014, with a further increase from 67 to 68 slated to occur between 2044 and 2046.

The Pensions Act 2014 brought forward the increase in the State Pension age from 66 to 67 by eight years. The UK Government also tweaked the phasing of the State Pension age increase, meaning that instead of reaching State Pension age on a specific date, people born between 6 March 1961 and 5 April 1977 will be eligible to claim the State Pension once they turn 67.

It's vital to be aware of these looming changes now, especially if you have a retirement plan in place. All those affected by changes to their State Pension age will receive a letter from the Department for Work and Pensions ( DWP ) well in advance.
Source: https://www.coventrytelegraph.net/news/cost-of-living/new-dwp-state-pension-age-32782100


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