A major State Pension change will affect when men and women born after 1977 can claim their first payment.

The Department for Work and Pensions (DWP) has confirmed the State Pension age is rising in the UK to age 67 from next year, with the change to be phased in over two years. But a further age increase is planned, affecting anyone in the UK born after 1977, meaning younger generations face an even longer wait until they reach retirement age. The State Pension age is due to rise to 68 between 2044 and 2046, although this increase could be brought forward earlier than planned as part of a newly announced review.

A review of the State Pension age is normally conducted every six years, but the DWP has launched an early review, despite the previous one only having been completed in 2023.

The review comes amid concerns that adults aren’t saving enough into private pensions for their retirement and will be £800 poorer by 2050. According to DWP analysis, around 15 million people are undersaving for retirement, with the self-employed, low-paid, and some ethnic minorities particularly affected.

The Government Actuary has been commissioned to prepare a report on the State Pension age as part of the third review and will consider whether the rules around pensionable age are appropriate, based on life expectancy data, and whether a person who reaches pensionable age within a specified period can be expected to spend a specified proportion of their adult life in retirement.

According to the DWP, increases to the State Pension age take a “range of factors” into account, and any changes must go through Parliament before becoming law.

While there are no plans to revise the timetable for the age increase from 66 to 67, the review could change the timetable for the age increase from 67 to 68.

However, according to the current plan, the retirement age for men and women born after April 5, 1977, will increase to 68 and be phased in gradually between 2044 and 2025.

As such, people with birthdays that fall between April 6, 1977, and April 5, 1978, will have to wait until they turn 68 and a specified number of months before they can claim their State Pension. Anyone born on April 6, 1978, onwards will be eligible to get their State Pension from their 68th birthday. The timetable for the age change, as set out by the DWP, is as follows:

• Born between April 6, 1977 – May 5, 1977 – Reach State Pension age on May 6, 2044
• Born between May 6, 1977 – June 5, 1977 – Reach State Pension age on July 6, 2044
• Born between June 6,1977 – July 5, 1977 – Reach State Pension age on September 6, 2044
• Born between July 6, 1977 – August 5, 1977 – Reach State Pension age on November 6, 2044
• Born between August 6, 1977 – September 5, 1977 – Reach State Pension age on January 6, 2045
• Born between September 6, 1977 – October 5, 1977 – Reach State Pension age on March 6, 2045
• Born between October 6, 1977 – November 5, 1977 – Reach State Pension age on May 6, 2045
• Born between November 6, 1977 – December 5, 1977 – Reach State Pension age on July 6, 2045
• Born between December 6, 1977 – January 5, 1978 – Reach State Pension age on September 6, 2045
• Born between January 6, 1978 – February 5, 1978 – Reach State Pension age on November 6, 2045
• Born between February 6, 1978 – March 5, 1978 – Reach State Pension age on January 6, 2046
• Born between March 6, 1978 – April 5, 1978 – Reach State Pension age on March 6, 2046
• Born April 6, 1978 onwards – Reach State Pension age on 68th birthday

The DWP said: “Under the Pensions Act 2007, the State Pension age for men and women will increase from 67 to 68 between 2044 and 2046.

“The Pensions Act 2014 provides for a regular review of the State Pension age, at least once every 5 years. The review will be based on the idea that people should be able to spend a certain proportion of their adult life drawing a State Pension. The first review must be completed by May 2017.

“As well as life expectancy, it will take into account a range of factors relevant to setting the pension age. After the review has been reported, the government may then choose to bring forward changes to the State Pension age. Any proposals to do so would, like now, have to go through Parliament before becoming law.

“The government is not planning to revise the existing timetables for the equalisation of State Pension age to 65 or the rise in the State Pension age to 66 or 67. However the timetable for the increase in the State Pension age from 67 to 68 could change as a result of the review.

“In the Autumn Statement on 5 December 2013, the Chancellor announced that this government believes that future generations should spend up to a third of their adult life in retirement. This principle implies that State Pension age should rise to 68 by the mid-2030s, and 69 by the late 2040s.

“However, the government is not currently legislating for this change – these dates are indicative only, showing a general direction of travel for future State Pension age changes.”