State pension POLL: Do you think state pension age should rise beyond 66? | Personal Finance | Finance
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The Government is currently consulting on increasing ithe state pension age again while one think tank thinks it should be increased to 75-years-old. What do you think? Vote in our poll.
Currently, Britons have to wait until they reach 66-years-old to draw their state pension.
For people born after April 5 1960, there will be a phased increase to 67, and eventually it will increase to 68-years-old.
The state pension age is going to be kept under review, which means that it will change again in the future.
The Centre for Social Justice (CSJ) is suggesting changing the state pension age to 70 by 2028 and to 75 by 2035.
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The full new State Pension is currently £185.15 per week, however the exact amount people receive depends on someone’s National Insurance record.
Some people will also qualify for Pension Credit which tops up their state pension.
Reaching state pension age also enables people to qualify for extra help like a free bus pass.
Pensioners can also get help with housing and heating costs.
Britons can check their state pension age by using the Government’s online tool.
This will also tell them their Pension Credit qualifying age and when they will be eligible for free bus travel.
The full new State Pension is currently £185.15 per week, however the exact amount people receive depends on someone’s National Insurance record.
Reaching state pension age also enables people to qualify for extra help like a free bus pass.
What do you think about state pension age increases? Do you think state pension age should rise beyond 66? Have your say by voting in our poll.
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