Overview

• The proposal has attracted more than 14,900 signatures, passing the level that triggers a government reply, with a response expected in the coming days.
• It calls for a universal payment equal to 48 hours at the National Living Wage, set at £586.08 per week from April 2025, or about £30,476.16 a year, including for expatriates.
• To be considered for a parliamentary debate, the petition must reach 100,000 signatures by 24 December 2025.
• Ministers are reviewing the state pension age as part of a statutory process, with current law setting the age at 66 and a rise to 67 scheduled between 2026 and 2028.
• Financial advisers warn that retiring at 60 is challenging for many households due to fiscal drag, high housing costs and more expensive mortgages.