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flag UK may raise State Pension age to 69 by 2048 and 74 by 2068 due to longer lifespans.

flag The Institute for Fiscal Studies warns the UK may need to raise the State Pension age to 69 by 2048 and 74 by 2068 due to increased life expectancy, recommending overhauls to the current system, including ending the Triple Lock mechanism. flag Currently, the pension age is 66 and will rise to 67 in 2026. flag Despite these changes, 94% of pensioners view the state pension as an entitlement, with many relying on it for a significant portion of their income.

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