UK, remember your settings and improve government services. We also use cookies set by other sites to help us deliver content from their services. You have accepted additional cookies. You can change your cookie settings at any time.
You have rejected additional cookies. This publication is licensed under the terms of the Open Government Licence v3. To view this licence, visit nationalarchives. Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. We want to thank the project team at the Department for Work and Pensions for their support throughout this study. In particular, we are grateful to Christopher Steer and Joshua Meakings for their guidance during the study.
This report represents the views of the authors. The objective of the study was to present available evidence on how other high-income OECD countries have approached the issue of determining the SPa , to generate knowledge and understanding that might be transferable to the UK. This study was guided by the following research questions: i What factors affect the decision to change the SPa? These research questions are addressed in sections 2.
To answer these questions, we used a targeted literature review. The search identified sources for screening. After screening and snowballing, we included 50 sources in a more detailed review. Appendix A details the methodology and inclusion and exclusion criteria applied in the search. In this report, we use the term State Pension age SPa to mean the age at which people can draw upon a State Pension in different countries.
Across OECD countries, the age at which an individual was eligible for retirement benefits without penalty in tended to sit between 62 years old Costa Rica, Greece, Italy, Korea, Luxembourg, Slovenia and 67 years old Iceland, Norway , as shown in Figure 1. However, in many countries, people may also retire at an earlier age and in a subset of these countries be able to receive some or all of their State Pension then. Source: OECD a. For an individual retiring after an uninterrupted career from age Looking ahead โ and based on current legislation โ the OECD projects that the age at which State Pensions can be received will rise.
