State pension age rises to 67 as Britons born after 1960 face delayed retirement payments
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State pension age rises to 67 as Britons born after 1960 face delayed retirement payments.
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The state pension age is gradually rising from 66 to 67, affecting millions of Britons approaching retirement.The increase is being phased in over two years, with eligibility now determined by an individual's exact date of birth rather than a universal age of 66.
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Labour says the change reflects rising life expectancy across the UK.People born between April 6, 1960 and April 5, 1977 fall within the transition period.
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TRENDING Stories Videos Your Say Under the old rules, everyone qualified for the state pension at 66.
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Now, those born after April 6, 1960 face a stepped increase in the age at which they can begin claiming.The first group affected, those born between April 6 and May 5, 1960, will qualify at 66 years and one month.
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