State Retirement Pensions: Age

(asked on 23rd July 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government, in light of the statement in paragraph 3.53 and footnote 54 in the report by the Office of Budget Responsibility (OBR), Fiscal risks and sustainability – July 2026, published on 7 July, on what basis the OBR stated that HM Treasury confirmed to the OBR their policy on increasing the state pension age to 68 in 2037-39; whether they intend to raise the state pension age to 68 in 2037-39 rather than as set out in current legislation; and whether they will publish the communications between HM Treasury and the OBR which informed this statement.


Answered by
Lord Pitt-Watson Portrait
Lord Pitt-Watson
Parliamentary Secretary (HM Treasury)
This question was answered on 3rd August 2026

The legislated timetable for the State Pension age to rise to 68 is between 2044 and 2046. The previous government publicly committed to raising the State Pension age to 68 between 2037 and 2039, and the OBR has reflected that position since 2018


In July 2025, the government announced the launch of the third review of the State Pension age, which is required by legislation. This statutory review is considering whether the rules around pensionable age are appropriate, taking into account latest life expectancy data and other relevant factors and evidence. This review is ongoing. The Government cannot pre-empt the outcome of the State Pension age Review.

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