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Spending review: State pension age to rise faster

The state pension age will now rise to 66 by 2020 for both men and women, the Chancellor, George Osborne, has said.

The plan brings forward by six years the plan that the previous Labour government had put in place.

Meanwhile, workers in the public sector are set to have to pay higher contributions to their own pension schemes.

Hugh Pym reports.

  • 20 Oct 2010