The increase in the state pension age from 67 to 68 will be brought forward, the Government has announced.
It will now take effect from 2037, seven years earlier than previously planned, Work and Pensions Secretary David Gauke revealed in the Commons.
The changes, which will be brought in over two years, will affect everyone born between 6 April 1970 and 5 April 1978.
Source: Sky News
State pension age increase brought forward
Interesting that the Government would announce this after the General Election - and predictable that Labour are already calling the changes "unfair".
Despite being one of the six million who will be affected by these changes, I'm actually in favour of this move and I'm glad to see a government having the courage to propose such a change in policy.
As most of you will know, approx 47% of the Welfare Budget goes directly on the State Pension and with people living longer, keeping the State Pension Age constant means it's only a matter of time before more drastic measures would have to be implemented.
It doesn't bode well for the "Nasty Tories" though - I suspect this will be seen as yet another ploy to "look after the older generation by robbing the younger ones of their futures".