The Department for Work and Pensions could slash the state pension age to 60 – if it bows to pressure from a new petition. The DWP could bow to pressure from campaigners on the Parliamentary website, who want the state pension age to be reduced.
A petition calls on the new Labour Party government to “give State Pension to all at 60 and increase it to equal 48hrs at Living Wage”. It says: “We want the Government to make the State Pension available from the age of 60 and increase this to equal 48 hours a week at the National Living Wage.”
The petition has racked up 15,000 signatures and will now receive a response from the government. Those on the full New State Pension will see a weekly increase of £9.05, from £221.20 to £230.25, equating to £921 every four weeks.
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This uplift will result in an annual increase of £473.60, from £11,502 to £11,973 over the 2025/26 financial year. Those on the full Basic State Pension will see a weekly increase of £6.95, from £169.50 to £176.45, or £705.80 every four-week payment period.
Annual payments will rise by £361.40, from £8,814 to £9,175.40 over the 2025/26 financial year. The new State Pension is money you may be able to get if you have reached State Pension age. New State Pension is paid to people by the government, through the Department for Work and Pensions.
If you choose to carry on working past your State Pension age, you can still claim your new State Pension. A State Pension is money you may be able to get from the government. If you can get it, the Department for Work and Pensions pay this money to you.
If you claim new State Pension and you have a low income you may bea ble to apply for Pension Credit.