State pension age change for people born in certain years could be 'positive'

State pension age change for people born in certain years could be 'positive'


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THE STATE PENSION AGE HAS BEEN CHANGING IN RECENT YEARS AND DECADES - WITH THE DEPARTMENT FOR WORK AND PENSIONS (DWP) RESPONSIBLE FOR THE CHANGES THAT ARE SET TO COME INTO PLACE 10:28, 20


May 2025Updated 10:30, 20 May 2025 The Department for Work and Pensions (DWP) is altering the state pension age for people born in specific years, a move that personal finance experts


believe could be "positive" for health. A study by IFS directors James Banks, Jonathan Cribb, Carl Emmerson, and David Sturrock has revealed that the pension age increase will lead


one in ten women to work longer. Moreover, the research indicates that staying in employment can boost cognitive function among women in their early 60s. "We found that being in paid


work is good for the cognitive functioning of women in their early 60s, on average," the IFS economists stated. READ MORE: Nutritionist says special coffee 'elevates energy'


and 'manages stress' without crash The team observed that particularly those living alone, who might experience reduced social interaction upon retirement, benefit most from the


mental engagement provided by work. However, for the quarter of women in sedentary roles with minimal physical activity, continued work may exacerbate physical disabilities, the economists


noted. Summarising their findings, the IFS said: "These results mean that longer working has the potential to be positive for at least some health outcomes. Article continues below


"However, the effects depend importantly on the type of work being undertaken and the activities and environment of people's retirement. "Policymakers should therefore


consider encouraging social interaction and physical exercise in retirement. Our research suggests that this would have positive effects on maintaining cognitive function and physical


mobility through older ages." In the UK, the State Pension age is currently set to increase from 66 to 67 beginning next year. By 2028, this change is expected to be fully implemented


for both men and women, as per the legislation introduced in 2014, reports Birmingham Live. Article continues below A further increase to 68 is planned to take place between 2044 and 2046.