Pension Age Review: Fact-checking False Claims & Future Projectio

Pension Age Projections

A report published by the Institute for Fiscal Studies soon prior to the news of the brand-new pension review pointed to federal government modelling, which located that in order to keep the three-way lock and maintain the price of the state pension plan to listed below 6% of nationwide earnings, the state pension age would certainly need to climb to 69 by 2048– 49 and 74 by 2068– 69.

Combating Online Misinformation

Deceptive or incorrect insurance claims online have the possible to damage people, teams and democratic procedures and establishments. Online insurance claims can spread out quick and much, and are difficult to deal with and contain.

This post is part of our work fact checking possibly incorrect photos, video clips and stories on Facebook. You can learn more about this– and figure out exactly how to report Facebook content– below.
For the objectives of that system, we have actually rated this claim as false since the federal government has revealed a review of the state pension plan age however has actually not suggested any kind of rises beyond those already laid out by previous federal governments.

These increases were enforced laws for in 2014 and 2007 respectively. The Department for Job and Pensions has actually verified that no decisions on additional modifications to the state pension plan age have actually been made by the current Work government.

False. The federal government has not revealed any type of plans for the state pension plan age to be raised to 74. The state pension plan age is currently readied to boost to 68 by 2046, but this was enforced laws for more than a decade back.

While some professionals have claimed they anticipate the state pension age to raise at a much faster price in years to come, the government has actually currently not passed or officially recommended an increase to 74 at this time. Social network articles which suggest this holds true are for that reason misleading.

False. The government has not revealed any kind of plans for the state pension plan age to be increased to 74. The state pension age is currently set to boost to 68 by 2046, however this was enforced laws for even more than a years back.

Currently, the quantity of state pension entitlement is identified by the “three-way lock”– a government dedication to use an annual rise by the highest possible of wage development, inflation, or 2.5%. Concerns have actually been elevated concerning the long-term cost of the triple lock.

Current Pension Regulations

The most recent testimonial was revealed in July 2025 and will take a look at whether the existing regulations and the age at which a pension might be taken are appropriate, based on a series of data, including the latest life expectancy predictions. A last report is due in 2027.