The Department for Work and Pensions has proposed an acceleration of the increase in the state pension age to 68.
Under the proposed new timetable, the State Pension age will increase to 68 between 2037 and 2039. This is earlier than the current legislation which sees a rise between 2044 and 2046. The change will affect everyone born between 6 April 1970 and 5 April 1978. No one born on or before 5 April 1970 will see a change to their current proposed state pension age.
The recommendations follow the state pension age review led by John Cridland in March 2017.
This increase would directly affect some members of the career average section of the Teachers’ Pension Scheme. The default position is that the normal pension age (the age at which you can get your pension rights in full) increases in line with state pension age.
The NUT opposes increases in the state pension age. We believe that teachers cannot be expected to work into their late 60s.