The retirement age for Britons might be extended to their 67th birthdays, according to work and pensions secretary David Blunkett.
The current retirement age in Britain is 60 for men and 65 for women, but this might soon change.
Mr Blunkett has been in the US and Canada in an attempt to find pensions solutions for the looming UK pensions crisis.
It is feared that the estimated £130 million UK pensions deficit could be made even worse through rising life expectancy.
Forcing people to save for their retirement pension has also been named as a possible pensions solution.
According to Mr Blunkett the challenge for the government is to find a balance between the government, the employer and the individual that reflects the fact that as people work for longer, they contributed more to pension funds.
Speaking to BBC1's Politics Show, the pensions secretary said that the retirement age in the US is set to be extended to 67 over the next 20 years.
He added that he expects debate about the proposal to extend the retirement age in the UK.
Blunkett: Retirement age might be extended
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Blunkett: Retirement age might be extended
Tue, 20 Sep 2005
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