State pension age of 72 ‘would balance costs’

The state pension age (Spa) would need to rise to 72 by 2030 to keep the cost to the government the same as in 1981, a retirement think tank has said.

In a submission to the government’s State Pension Age Review, the Pensions Policy Institute (PPI) also said that people would need at least 10 years to prepare and adjust for such a change.

 

Language does not simply reflect what is going on in organisational life: it also influences what people think and what they do

Linda Holbeche, director of the Holbeche Partnership and visiting professor of HRM/OD at Cass Business School