The change will see the increase in State Pension age gradually introduced for people retiring from next yearThe current State Pension age is 66(Image: Getty Images)
Some pensioners will have to wait a little longer to start claiming their State Pension from next year, a pensions expert has warned. The change means some people will have to wait a few months after their 66th birthday before they can start claiming.
The State Pension age is currently set at 66 for both men and women – but this is due to rise to 67, starting from next year. The change is being introduced gradually, which means some people will have to wait a few months after their 66th birthday before they can start claiming.
For example, someone born between April 6, 1960 and May 5, 1960 will reach State Pension age when they are 66 years and one month old, the Mirror reports.
Someone born between September 6, 1960 to October 5, 1960 will have to wait until they are 66 years and six months old to start claiming their State Pension.
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This process will continue until April 2028, when it reaches age 67. The State Pension increase was explained by Sir Steve Webb, former Pensions Minister and now partner at Lane Clark and Peacock (LCP) in a recent article for This is Money, where one reader questioned why she has to wait until next November to claim her pension, despite turning 66 in July.
Sir Steve replied: “The move from 66 to 67, this will not happen overnight but will be phased in between April 2026 and April 2028. The phasing means that there will be some people (such as yourself) who will have a State Pension age which is not a complete number of years but is, for example, 66 years and four months.”
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State Pension age rising – see when you can claimApril 6, 1960 – May 5, 1960: 66 years and 1 monthMay 6, 1960 – June 5, 1960: 66 years and 2 monthsJune 6, 1960 – July 5, 1960: 66 years and 3 monthsJuly 6, 1960 – August 5, 1960: 66 years and 4 monthsAugust 6, 1960 – September 5, 1960: 66 years and 5 monthsSeptember 6, 1960 – October 5, 1960: 66 years and 6 monthsOctober 6, 1960 – November 5, 1960: 66 years and 7 monthsNovember 6, 1960 – December 5, 1960: 66 years and 8 monthsDecember 6, 1960 – January 5, 1961: 66 years and 9 monthsJanuary 6, 1961 – February 5, 1961: 66 years and 10 monthsFebruary 6, 1961 – March 5, 1961: 66 years and 11 months
For those born after this date will have a State Pension age of at least 67. The state pension age is currently scheduled to rise again to 68 between 2044 and 2046 – this would impact those born on or after April 5, 1977.