The Government has announced that John Cridland, former Director-General of the CBI, will head the Government’s review of the state pension age, which will report by May 2017.
The 2014 Pensions Act requires that the state pension age be reviewed at least every six years. The review will not cover the existing state pension age timetable to April 2028, when under current legislation the state pension age will reach 67.
The NUT opposes increases in the state pension age beyond 65. Our belief is that the review will recommend further increases in the state pension age for younger and middle-aged teachers. These increases will then feed directly into the Teachers’ Pension Scheme because of the link between state pension age and scheme pension age.