Overview

• A statutory review launched in 2025 is examining proposals to move the increase to pension age 68 from 2044–46 forward to 2039–41 and to hike it further to 69 between 2046–48
• The Department for Work and Pensions has begun sending letters to people born between March 1961 and April 1977 to notify them their State Pension age will be 67
• Analysis by Rathbones warns that accelerating the timetable could reduce lifetime pension benefits by about £17,000 for those now aged 51–53
• Any changes beyond the current schedule require a parliamentary vote following the review’s final report, due by 2029
• The rollout includes online tools and guidance to help affected workers plan for longer contributions and boost private savings