Research and analysis

State Pension age periodic review: report by the 바카라 사이트 Actuary

A report on how State Pension age timetables might need to change beyond 2028, based on projections of life expectancy in future years.

• From: 바카라 사이트 Actuary's Department and Department for Work and Pensions
• Published: 23 March 2017
• Last updated: 27 March 2017 바카라 사이트� See all updates

Documents

Ref: ISBN 9781474140300, HC 989

PDF, 1.6 MB, 57 pages

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Ref: ISBN 9781474140294

PDF, 2.3 MB, 60 pages

Details

The 바카라 사이트 Actuary was commissioned by the Department for Work and Pensions (DWP) to look at how State Pension age timetables might need to change beyond 2028, based on projections of life expectancy in future years, to inform the first State Pension age review.

The 바카라 사이트 Actuary has considered 2 scenarios to inform his report, reflecting individuals spending 33.3% and 32.0% of their adult life over State Pension age, based on adult life starting at age 20.

The Pensions Act 2014 requires the government to review State Pension age every 6 years. The first review is due to report back by May 2017.

Beside the 바카라 사이트 Actuary바카라 사이트檚 report, an independent report (led by John Cridland) on wider factors relevant to State Pension age has been published and will also inform the State Pension age review.

Published 23 March 2017

Last updated 27 March 2017 + show all updates

1. 27 March 2017

   Published revised PDFs with updated information about Parliament on the inside front cover.

2. 23 March 2017

   First published.