Source · Select Committees · Work and Pensions Committee

Recommendation 42

42 Rejected

Produce comprehensive impact assessment of State Pension age increase by 2025, including mitigation.

Recommendation
By the end of 2025, the Government must produce an impact assessment of the forthcoming increase in the State Pension age from 66 to 67. This should consider the cumulative impact of policies and set out the impact on pre-pensioner and pensioner poverty, by income decile and protected characteristic. It also should explain what measures the Government has considered to mitigate the impact, which it has accepted or rejected, and the reasons for this. (Recommendation, Paragraph 192)
Government Response Summary
The government rejected the recommendation to produce an impact assessment by the end of 2025, stating that the increase in State Pension age to 67 will only be evaluated once the rise is complete in 2028.
Government Response Rejected
HM Government Rejected
The previous Government published impact assessments, including equality analysis, of the increase in State Pension age to 67 ahead of the legislation being introduced in 2011 and 2013: • Impact Assessment - Long term State Pension sustainability: increasing the State Pension age to 67 • Long term State Pension sustainability: increasing the State Pension age to 67 impact assessment Any future legislative changes to State Pension age would also be accompanied by impact assessments and equality analyses. The previous Government also undertook an evaluation of the increase in State Pension age to 66 in 2018, and findings were published in the 2023 State Pension age Review (State Pension age Review 2023 - GOV.UK). These findings informed the outcome of the 2023 review, which confirmed that the current rules around State Pension age remained appropriate. The increase in State Pension age to 67 will be evaluated once the rise to 67 is complete (2028) and data becomes available to assess any impacts.