Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what criteria the Government uses to assess whether to amend the state pension age.
Under Section 27 of the Pensions Act 2014, the Secretary of State has a duty to periodically review whether the existing rules about State Pension age are appropriate. He must consider evidence about life expectancy and appoint an independent reviewer to report to him on other factors that are relevant for the review.
The second Government Review of State Pension age was published on 30 March 2023. Government concluded that the planned increase in State Pension age from 66 to 67 will take place between 2026-2028. Government also concluded that due to uncertainties in relation to life expectancy data, labour markets and the public finances, there will be a further review within two years of the next Parliament to consider age 68. The further review will be supported by the latest evidence, including life expectancy projections, updated with 2021 Census data, and the economic position.