34.This Part contains two measures relating to pensionable age. The first amends the PA 1995 to begin the increase of pensionable age from 66 to 67 eight years earlier. The increase will begin in 2026 and end in 2028.
35.The second measure provides for periodic reviews of pensionable age and for these reviews to be informed by reports in relation to life expectancy from the Government Actuary’s Department, and from an appointed person or persons on other relevant factors specified by the Secretary of State at the time.