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The Government Actuary was commissioned by the Department for Work and Pensions (DWP) to look at how State Pension age timetables might need to change beyond 2028, based on projections of life expectancy in future years, to inform the first State Pension age review.
The Government Actuary has considered 2 scenarios to inform his report, reflecting individuals spending 33.3% and 32.0% of their adult life over State Pension age, based on adult life starting at age 20.
The Pensions Act 2014 requires the government to review State Pension age every 6 years. The first review is due to report back by May 2017.