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Centre for Policy on Ageing | |
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Independent review of the State Pension age
— interim report | | Author(s) | John Cridland |
| Corporate Author | State Pension Age Independent Review, Department for Work and Pensions - DWP |
| Publisher | Department for Work and Pensions, London, 13 October 2016 |
| Pages | 100 pp |
| Source | Link to download: https://www.gov.uk/government/consultations/state-pension-... |
| Keywords | Pensions ; Retirement age ; Life span ; Government publications. |
| Annotation | The Pensions Act 2014 requires the government to review the State Pension Age (SPA) during each Parliament. As part of the State Pension Age Review, this interim report and consultation sets out evidence considered thus far, and seeks further research, insights and evidence. It examines the impact of a universal SPA age rising in line with life expectancy on affordability and fairness, and looks at the labour market position of older people. It describes how life expectancy is measured and its influence on different socio-economic and lifestyle factors in different parts of the country. It also discusses Healthy Life Expectancy, and summarises the latest data. It considers the serious impacts of changing SPA on groups such as carers, people with disabilities and self-employed people; the pension outcomes that people will see in the future; and the material impact of waiting longer for a state pension. The dependencies between SPA, the remaining welfare system and private pensions are identified. It explores and asks whether moving to a more personalised way of assessing what it means to retire, and when those key decisions may happen, could be a better choice for people than a fixed decision point around SPA. It asks whether it is possible and useful to smooth the transition between working age and retirement. The consultation closes at 5pm, 31 December 2016. (RH). |
| Accession Number | CPA-161113001 E |
| Classmark | JJ: G5A: BG6: 6OA |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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