The age when people qualify for the state pension could be raised to 70.

Two reports suggest that millions of people may have to work until they are much older in the future.

A report for the Department for Work and Pensions (DWP) says that workers under the age of 30 may not get a pension until the age of 70, it is reported by the BBC.

And a further investigation by former CBI chief John Cridland reports that those under the age of 45 may have to work a year longer, to 68.

Both reports will be considered by the Government.

The BBC says Ministers are under pressure to address the expected rise in the cost of pensions, which stems from longer life expectancy and the increasing ratio of pensioners to workers.

It could mean that at least six million people face the prospect of having to work longer.

At present the state pension age is due to go up to 68 for those born after 1978.

Picture: Pixabay 

What do you think? Email mark@moosemarketingandpr.co.uk