The Government’s review proposes a new timetable for the rise to 68, in line with continuing increases in life expectancy.

When the State Pension was introduced in 1948, a 65-year-old could expect to spend 13.5 years in receipt of it – around 23 percent of their adult life.

This has been increasing ever since.

In 2017, a 65-year-old could expect to live for another 22.8 years, or 33.6 percent of their adult life.

Source link