UK State Pension age increase to 68, Digi Mart USA News (United Kingdom): Millions of Britons will have to wait until they turn 68 before they can claim their State Pension under changes already planned by the government.
The State Pension age is currently rising from 66 to 67, but another increase is on the way, meaning some people will have to wait an extra year before receiving their payments.
Under the current timetable, the State Pension age will rise to 68 between 2044 and 2046. The first people affected will reach State Pension age on May 6, 2044, according to the Department for Work and Pensions (DWP).
This includes people born between April 6 and May 5, 1977. Those born between May 6 and June 5, 1977, will reach State Pension age on July 6, 2044.
The age will then continue to increase gradually, depending on when someone was born. There have previously been discussions about bringing forward the increase to 68, although this would require a change in the law.
Meanwhile, the increase from 66 to 67 is already taking place and will be completed by April 2028. People born between April 6, 1960, and March 5, 1961, will reach State Pension age at different points between their 66th and 67th birthdays.
Those born between March 6, 1961, and April 5, 1977, are currently due to receive their State Pension at 67.
The amount someone receives depends on their National Insurance record, including how many qualifying years they have built up. Anyone who wants to check when they can claim their State Pension can use the government’s free online calculator.
