State pension age could rise sooner for five million workers under Labour proposals

1 sources1 storiesFirst seen 7/24/2026Score26Mixed Progress

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Around five million Generation X workers could see their state pension age pushed back by up to a year under Treasury proposals currently being considered in Whitehall.The Office for Budget Responsibility has been told that the planned rise in the state pension age to 68, currently scheduled for between April 2044 and April 2046, could instead be brought forward to between 2037 and 2039.Workers aged between 49 and 55 would be most affected.An independent review recommended accelerating the increase, meaning those impacted could either remain in work for an additional year or lose more than £12,500, based on the current value of a full year of the new state pension.

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TRENDING Stories Videos Your Say Ministers say no final decision has been made.Generation X refers to the demographic cohort of people born roughly between 1965 and 1980.Rob Perrie, a 55‑year‑old self‑employed builder and part‑time DJ from Cheshunt, Hertfordshire, said he had expected to begin receiving his state pension at...

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