record track Department experts

Warning as state pension age could hit 70 as current DWP timetable 'misleading'

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manchestereveningnews.co.uk

People soon to claim their state pension age have been cautioned that they might have to wait longer than anticipated to finally receive their payments.

Current legislation states that the state pension age will gradually rise from 66 to 67 between 2026 and 2028, and then to 68 between 2044 and 2046.

However, Neil Rayner, head of Advice at wealth firm True Potential, has warned those approaching state pension age that the Department for Work and Pensions' schedule may alter given its track record on the policy.

He said: "Current Government legislation means that the state pension age will rise to 68 as soon as 2044, but this may be misleading. "Governments have moved the goalposts for the state pension multiple times.

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