Sami
Millions of state pensioners in the UK are set to experience a 12-month delay in receiving their first payment due to changes in the Department for Work and Pensions (DWP) pension age rules.
The delay affects those born after April 1960, who will now become eligible for their state pension at age 67 between 2026 and 2028 instead of at 66.
Who Is Affected by the New Pension Age?
The upcoming shift primarily targets individuals born between April 6, 1960, and March 5, 1961. Under this new plan, their eligibility age gradually increases from 66 to 67 years old.
This change means that, although some individuals will be just turning 66 when eligible, others may be required to wait until they’re nearly 67 to start receiving payments.
Government Justification for the Age Hike
The DWP has stated that the decision to maintain the rise in the pension age was made following a thorough review of expert advice and two independent reports. According to a spokesperson:
“After carefully reviewing the findings, the Secretary of State for Work and Pensions determined that increasing the state pension age to 67 for those born after April 1960 remains a valid course of action.”
This phased increase follows a previous rise from 65 to 66, implemented between December 2018 and October 2020. The next scheduled increase to 68 is still under consideration, with a review set within two years of the next Parliament.
Phased Rollout Timeline: What to Expect
The adjustment to the state pension age will be implemented gradually. Here’s a breakdown:
| Date of Birth | New State Pension Age | First Payment Year |
|---|---|---|
| April 6, 1960 – March 5, 1961 | 66 to 67 (phased) | Between 2027 and 2028 |
| After March 5, 1961 | 67 | From 2028 onward |
This staggered approach means those closer to the earlier dates might still receive their first payment just after turning 66, while others may need to wait until they’re nearly 67.
What It Means for Pensioners
Although the state pension age is officially moving to 67 for many, those affected by this change will still qualify at age 66—however, they may not receive payments immediately after their 66th birthday.
The delay is part of a broader DWP strategy to make the pension system more sustainable and reflective of increased life expectancy.
In summary, if you were born after April 1960, it’s crucial to be aware of the updated timeline for your state pension payments. The UK government’s gradual increase from 66 to 67 aims to ensure the long-term viability of the pension system.
While the delay may impact financial planning, early awareness can help individuals better prepare for their retirement years.
FAQs
Who will be affected by the new state pension age change?
Anyone born between April 6, 1960, and March 5, 1961, will experience a phased delay, with the full age of 67 applying to those born afterward.
When will the new pension age take effect?
The change will be gradually introduced between 2026 and 2028, affecting when individuals in the target birth range can begin claiming their state pension.
Will I still be eligible for the state pension at age 66?
Yes, technically you’ll be eligible at 66, but due to the phased