Pensions

Treasury written question – answered on 10th September 2020.

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Photo of Stephen Timms Stephen Timms Chair, Work and Pensions Committee, Chair, Work and Pensions Committee

To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 September to Question 81494 on Pensions, on what date he is planning for that change to take effect.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

In 2014 the government announced it would increase the minimum pension age to 57 from 2028, reflecting trends in longevity and encouraging individuals to remain in work, while also helping to ensure pension savings provide for later life.

Further details, and plans for legislation, will be published in due course.

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