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The next parliament is likely to be in the unenviable position of announcing an increase to the pension age, work and pensions secretary Mel Stride told journalists last week.
The Guardian reports that Stride said that, although he had delayed raising the pension age from 67 to 68 in the 2030s or 2040s, his successor would need to make the decision.
“There is a real tension because if you look at the OBR’s fiscal sustainability reports projecting 50 years … the demographic changes and the costs of pensions is really weighing in the wrong direction. So there is a point in time at which the nettle will have to be grasped, but it doesn’t need to be grasped until somebody other than me is in the [job],” The Guardian reports Stride said, noting as well that this comment suggests Stride does not expect to serve as work and pensions secretary beyond the election.