Steep State Pension Increase

July 10th, 2015

The State Pension Age is set to rise significantly over the next 10-12 years. This article looks at the legislation introduced to increase it and the approach taken by the different political parties.

From the 1940s until April 2010, the State Pension age (SPA) was 60 for women and 65 for men. Legislation to increase the SPA was introduced in three stages:

  • The Pensions Act 1995 included provision to increase the SPA for women from 60 to 65 in stages between April 2010 and 2020, to bring it into line with that for men.


  • The Pensions Act 2007 made provision to increase the SPA from 66 to 68 in stages over the period 2024 to 2046.
  • The timetable set in these Acts has now been changed. The Pensions Act 2011 brought forward the increase in women’s SPA to 65 to November 2018, at which point the SPA will start to rise to 66, which it will reach in October 2020. Provision to bring forward the increase in the SPA to 67 between 2026 and 2028 was made in the Pensions Act 2014.


In future, there will be periodic reviews of the SPA, based around the principle that people should maintain a specific proportion of adult life receiving the state pension. The reviews will be informed by a report from an independently-led body on wider factors such as variations in life expectancy and will seek to provide a minimum of ten years’ notice to people affected. The first such review must take place by May 2017.

In its July 2014 Fiscal sustainability report, the Office for Budget Responsibility said that the latest projections of life expectancy implied an increase to 68 in the mid-2030s, to be followed by further increases to 69 in the late-2040s and to 70 in the early-2060s.