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Because people are living much longer than they did in the past, Britain no longer has the finances to pay state funded retirement pensions from age 60 (women) or 65 (men), so the retirement age for both men and women is being raised to 68. If people want to retire before that they still can, but they won't be able to get the state pension until age 68.

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Q: Why is the UK government raising the retirement age when so many young people cannot get jobs?
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