As life expectancy continues to rise and the population ages, our state pension age is increasingly under scrutiny. Britain’s state pension will likely cost the UK Government £146bn in 2025-26, which equates to around five per cent of our national income.
The current state pension age is 66 and will rise to 68 by 2046, but should it be extended further, and faster? Especially since average life expectancy exceeds this by almost 15 years. Supporters argue that this change is necessary to ease the financial burden on the state and reflect our longer, healthier lives. Yet, critics highlight the potential unfairness to those in physically demanding jobs or with lower life expectancies.
So should we increase the state pension age? Builder Michael Parinchy , Gen Z-er Sophie Butcher and e