State pension age changes will cost seven million people £10,000 each, analysis reveals
‘More than seven million people in their 30s and 40s will lose out by £10,000 each under Government plans to increase the state pension age earlier than planned.
People born between 1970 and 1978 will have to wait until they are 68, an extra year, before receiving payments, Work and Pensions Secretary David Gauke announced last week.
Labour said the reforms were “disgraceful and unjustified” and accused the Government of making workers carry on for longer to pay for their failing austerity policies.’
Read more: State pension age changes will cost seven million people £10,000 each, analysis reveals
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