what is the retirement age in the uk

11 months ago 29
Nature

The retirement age in the UK depends on the individuals date of birth and is regularly reviewed to ensure that the pension amount is fair and the retirement age is in accordance with average life expectancy. The State Pension age is the earliest age you can start receiving your State Pension, and it may be different from the age you can get a workplace or personal pension. The State Pension age is currently 66 years old for both men and women but will start gradually increasing again from May 6, 2026. For those born after April 5, 1960, there will be a phased increase in State Pension age to 67 and eventually 68. The retirement age in the UK has undergone progressive changes since April 2010, and the state pension age for women was fixed at 60 until the 1995 Pensions Act was passed, which increased it to 65, and then to 66 for both men and women. A further amendment raised it to 67 for people retiring between 2026 and 2028 and age 68 was set for those retiring between 2044 and 2046, irrespective of gender.