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The ageing British workforce

People are living longer than ever before, and yet the state pension age has remained stagnant at 65 for men (and lower for women) for years. However, the cost of retirement has surged as pension costs for the Treasury followed the same trajectory as life expectancy, which has increased by more than a decade over the past 50 years. This infographic tracks the path to state pension age and retirement time, how UK workers see their retirement and reasons people will continue to work past retirement age