News
July 2007
Pensions Act 2007 becomes law
The Pensions Act 2007, which introduces significant reforms to the state pensions system, has become law.
Secretary of State for Work and Pensions Peter Hain said: “This Act will deliver the most important reforms to the state pension system in generations."
The number of years’ contributions required to achieve a full Basic State Pension will be reduced to 30 for women and men from April 6, 2010. The current requirement is 39 years for women and 44 for men. The Act will gradually increase State Pension Age to 68 by 2046 for men and women.
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