Analysts are calling on the Government to consider raising the state pension age to 71 but a leading think tank has warned this could increase the "poverty rate" among over 60s.
Earlier this year, research conducted by the International Longevity Centre floated boosting the state pension age to 70 or 71 by 2050.
It stated: "While increasing the state pension age is a coherent response to public finance pressures arising from increased longevity at older ages, there are also concerns around those who struggle to work up to (a rising) state pension age.
"Previous IFS research shows that the increase in the state pension age from 65 to 66 increased the income poverty rate of 65-year-olds by 15 percentage points.
"Concerns about low living standards below state pension age have been raised by various groups."..
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