the pension system<\/a> are intended to reflect longer life expectancy and maintain the long-term sustainability of public finances as the population ages. With people generally living longer than previous generations, governments have increasingly reviewed retirement ages to balance pension costs against the number of working taxpayers supporting the system.<\/p>\n\n\n\nInstead of implementing a single change affecting everyone at once, lawmakers adopted the phased approach now being rolled out. This allows individuals approaching retirement to experience gradual increases while giving future pensioners additional time to prepare for later eligibility dates.<\/p>\n","protected":false},"excerpt":{"rendered":"
A phased increase in the U.K. State Pension age is now changing retirement dates for people born between 1960 and 1961, with eligibility gradually moving from age 66 to 67.<\/p>\n","protected":false},"author":2,"featured_media":113381,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-123774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retirement","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/123774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/comments?post=123774"}],"version-history":[{"count":3,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/123774\/revisions"}],"predecessor-version":[{"id":123780,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/posts\/123774\/revisions\/123780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media\/113381"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/media?parent=123774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/categories?post=123774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/uk\/wp-json\/wp\/v2\/tags?post=123774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}