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The state pension age is currently rising, with this set to reach 66 for men and women by October 2020. Further changes mean it will then increase to 67 between 2026 and 2028. Under current law, the state pension age was due to increase to 68 between 2044 and 2046. Following a review, in 2017, the government announced plans to bring this forward, to between 2037 and 2039.

State pension: You will work until you're 75 under new advice to Gov

Raise state pension age to 75 says think tank 'work is life-enhancing'

A new report by the Centre for Social Justice (CSJ), fronted by former Conservative party leader Iain Duncan-Smith, has proposed accelerating the plans.

According to the report, the suggestion comes in a bid to boost the UK economy.

It proposes a major overhaul of the state pension age, raising it to 70-years-old within 10 years, by 2028.

The think-tank has also suggested raising the age again to 75-years-old by 2035.

The CSJ said the plans are required in order to “reduce involuntary worklessness” and would help the older generation “access the benefits of work”.

It also said that working longer “has the potential to improve health and wellbeing, increase retirement savings and ensure the full functioning of public services for all”.