India, April 4 -- As of April 2026, the UK state pension age begins its phased increased from 66 to 67. Millions of people will have to make changes in their retirement plans because eligibility will depend on when exactly they were born and the process was announced back in 2014, and it is gender-neutral.

Why the State Pension Age Is Rising to 67

The reason put forward by the government for doing so is increased life expectancy and demographic change. zaising the retirement age allows the Treasury to cut costs by about £10 billion per year however, experts suggest that it may create some economic difficulties in the short term.

Who Will Be Affected by the Pension Age Changes

The workers who have been born after 5th April 1960 wi...