News and information

News

State Pension changes

24 September 2020


The State Pension is a regular payment from the Government that most people can claim when they reach State Pension age (SPA). Currently, you could receive a maximum of £9,110.40 a year (or £175.20 a week) providing you meet the requirements.

Under the previous law, the SPA was due to increase to 68 between 2044 and 2046.

Following a review, the Government has announced plans to make the changes sooner.

How could these changes affect you?

Your date of birth How this affects you
On or before 5 April 1970 No change
Between 6 April 1970 and 5 April 1978
Your SPA is currently 67. It would increase to between 67 years and 1 month, and 68 years, depending on your date of birth
After 6 April 1978
Your SPA remains 68

A summary:

  • from October 6 2020, women born on or after 6 April 1953 and men born on or after 6 December 1953 will reach SPA on their 66th birthday.
  • the SPA will further increase to 67 between 2034 and 2038 and, under current government plans, to 68 by 2039.

To check your SPA or if you need any further information you should visit www.gov.uk/state-pension-age

Back
Close