However, it is still the case that life expectancies are rising when comparing people born more recently with those born in earlier generations.
Even with a rise in the state pension age to 68, a man born in 1980 - who makes it to age 50 - would expect to receive a state pension for 17 years, the same as for a man born in 1950 - who had a state pension age of 65.
Equalisation of state pension ages for men and women has meant a bigger rise in the female state pension age, but a woman born in 1980 who makes it to 50 facing a state pension age of 68 could still expect to receive the state pension for 20 years.
A DWP spokesperson said: “The government is required by law to regularly review the state pension age and the next review will be published by May 7.”
sonia.rach@ft.com
What do you think about the issues raised by this story? Email us on ftadviser.newsdesk@ft.com to let us know