The state pension age is currently set to change in the future, and this could impact when future pensioners are able to stop working if they wish to rely on the state pension to fund their retirement. Britons can check when they will reach state pension age online.
All someone needs to do to find out their state pension age is enter their date of birth.
They will then be shown the date they will reach state pension age, as well as what their state pension age is.
The state pension age dictates when people can start receiving their state pension entitlement. Currently, the full new state pension is worth up to £179.60 per week.
On the same page, they will also be told when they can start receiving Pension Credit, if they are eligible for it.
Pension Credit is a benefit for people who are over state pension age and are on a low income.
The section to check someone’s bus pass age is separate from the state pension and Pension Credit page, but once again, users only need to enter their date of birth.
Andrew Tully, technical director at Canada Life, said: “Any debate around the increase to the state pension will inevitably be controversial.
“Life expectancy varies hugely across the UK so any change isn’t straightforward.
“People living in poorer areas are also much more likely to remain in work while waiting to become eligible for the state pension, so any change will inevitably have a more fundamental impact on some.
“That being said, allowing access at different ages would be extremely complex.
“All in all there are no easy answers and it needs to form part of a wider debate around levelling up, increasing life expectancy across all regions in the UK, and increasing private pension savings through auto-enrolment.
“Clear communication of any proposed changes will be essential for success, ensuring people understand how they will be impacted and with plenty of time to plan for their future.”
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