Thursday, 5 December 2013

government is planning to bring forward the date when people need to be 68 to draw the state pension?

The government is planning to bring forward the date when people need to be 68 to draw the state pension, Chancellor George Osborne will announce in his Autumn Statement later.

The change, currently set for 2046, may now happen in the mid-2030s, affecting people now in their forties and below.

Mr Osborne is due to deliver his statement to the House of Commons at 11:15 GMT. Among the measures announced so far are:

  • Another £1bn of cuts from Whitehall budgets for each of the next three years

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