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Pensions Act 2007

  • The Pensions Act 2007 indicates that the Basic State Pension age will increase from age 65 to age 68 between 2024 and 2046. We will oppose this change and promote policies that ensure increased life expectancy is shared by all.
  • The Act also indicated that a much needed boost will be given to the Basic State Pension, by increasing it each year in line with average earnings increases (rather than in line with price inflation). However we maintain that this improvement should be implemented without delay, to assist today's pensioners, rather than waiting until 2010.